Temple Bar (LON:TMPL) Hits New 1-Year High – Time to Buy?

Temple Bar (LON:TMPLGet Free Report) shares reached a new 52-week high during trading on Thursday . The company traded as high as GBX 426 and last traded at GBX 423.97, with a volume of 518052 shares. The stock had previously closed at GBX 419.50.

Temple Bar Stock Up 1.0%

The company has a market cap of £1.29 billion, a price-to-earnings ratio of 4.37 and a beta of 1.14. The company has a fifty day simple moving average of GBX 399.67 and a two-hundred day simple moving average of GBX 391.51.

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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