Templeton Emerging Markets Investment Trust plc (LON:TEM – Get Free Report) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 273.73 and traded as high as GBX 310. Templeton Emerging Markets Investment Trust shares last traded at GBX 307.50, with a volume of 2,842,227 shares.
Templeton Emerging Markets Investment Trust Stock Up 1.7%
The firm has a 50 day moving average of GBX 275.59 and a 200 day moving average of GBX 257.51. The firm has a market cap of £2.90 billion, a price-to-earnings ratio of 6.25 and a beta of 1.08.
Templeton Emerging Markets Investment Trust Company Profile
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.
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