Templeton Emerging Markets Investment Trust (LON:TEM) Sets New 12-Month High – Should You Buy?

Templeton Emerging Markets Investment Trust plc (LON:TEM)’s share price hit a new 52-week high during trading on Monday . The company traded as high as GBX 248 and last traded at GBX 247.62, with a volume of 505592 shares trading hands. The stock had previously closed at GBX 247.16.

Templeton Emerging Markets Investment Trust Trading Up 0.1%

The stock’s 50-day simple moving average is GBX 234.06 and its 200-day simple moving average is GBX 216.65. The company has a debt-to-equity ratio of 4.91, a quick ratio of 3.25 and a current ratio of 1.47. The firm has a market capitalization of £2.37 billion, a PE ratio of 5.03 and a beta of 0.61.

Templeton Emerging Markets Investment Trust (LON:TEM) last announced its earnings results on Monday, December 8th. The company reported GBX 3.33 earnings per share for the quarter. Templeton Emerging Markets Investment Trust had a net margin of 81.07% and a return on equity of 7.07%.

About Templeton Emerging Markets Investment Trust

Launched thirty years ago in June 1989, Templeton Emerging Markets Investment Trust PLC (“TEMIT”) is an investment trust that invests principally in emerging markets companies with the aim of delivering capital growth to shareholders over the long term. While the majority of the Company’s shareholders are based in the UK, shares are quoted on both the London and New Zealand Stock Exchanges.