Templeton Emerging Markets Investment Trust (LON:TEM) Hits New 12-Month High – What’s Next?

Templeton Emerging Markets Investment Trust plc (LON:TEMGet Free Report) shares reached a new 52-week high on Monday . The stock traded as high as GBX 227.50 ($3.05) and last traded at GBX 226.72 ($3.04), with a volume of 5275145 shares trading hands. The stock had previously closed at GBX 224 ($3.01).

Templeton Emerging Markets Investment Trust Stock Up 1.3%

The company has a quick ratio of 3.25, a current ratio of 1.47 and a debt-to-equity ratio of 4.91. The company has a market capitalization of £2.20 billion, a P/E ratio of 1,580.78 and a beta of 0.61. The firm has a 50-day moving average price of GBX 210.22 and a two-hundred day moving average price of GBX 189.76.

About Templeton Emerging Markets Investment Trust

(Get Free Report)

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.

See Also

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.