Templeton Emerging Markets Investment Trust (LON:TEM) Hits New 52-Week High – What’s Next?

Templeton Emerging Markets Investment Trust plc (LON:TEM)’s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 257 and last traded at GBX 256.50, with a volume of 6428717 shares changing hands. The stock had previously closed at GBX 252.50.

Templeton Emerging Markets Investment Trust Trading Down 0.8%

The company has a debt-to-equity ratio of 4.91, a current ratio of 1.47 and a quick ratio of 3.25. The stock has a market cap of £2.46 billion, a P/E ratio of 5.21 and a beta of 0.61. The firm’s fifty day moving average price is GBX 237.36 and its two-hundred day moving average price is GBX 220.77.

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

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.