Templeton Emerging Markets Investment Trust plc (LON:TEM – Get Free Report) shares hit a new 52-week high on Tuesday . The company traded as high as GBX 290 and last traded at GBX 286.61, with a volume of 1992262 shares traded. The stock had previously closed at GBX 286.33.
Templeton Emerging Markets Investment Trust Stock Down 0.4%
The firm has a market capitalization of £2.70 billion, a price-to-earnings ratio of 5.81 and a beta of 1.03. The stock’s fifty day moving average is GBX 266.88 and its two-hundred day moving average is GBX 249.76.
Insiders Place Their Bets
In other news, insider Sarika Patel bought 3,599 shares of the stock in a transaction that occurred on Wednesday, February 4th. The shares were acquired at an average cost of GBX 263 per share, for a total transaction of £9,465.37. Insiders own 0.04% of the company’s stock.
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.
Read More
Receive News & Ratings for Templeton Emerging Markets Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Templeton Emerging Markets Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.
