Temple Bar (LON:TMPL) Stock Passes Above 50 Day Moving Average – Should You Sell?

Temple Bar (LON:TMPLGet Free Report)’s stock price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 373.59 and traded as high as GBX 383.50. Temple Bar shares last traded at GBX 380.50, with a volume of 752,804 shares changing hands.

Temple Bar Price Performance

The firm has a 50 day moving average price of GBX 373.59 and a 200 day moving average price of GBX 357.59. The company has a quick ratio of 3.68, a current ratio of 5.17 and a debt-to-equity ratio of 9.47. The stock has a market cap of £1.10 billion, a P/E ratio of 6.62 and a beta of 1.11.

Temple Bar Company Profile

(Get Free Report)

Temple Bar’s investment objective is to provide investors with a growing income combined with growth in capital. It aims to meet this objective by investing primarily in UK equities, across different sectors, maintaining a balance of larger and smaller/medium-sized companies. The trust has a bias towards FTSE 350 companies. The Trust is managed by Nick Purves and Ian lance of RWC Partners who have over fifty years of investment experience between them and have been working as a partnership for over thirteen years.

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