Temple Bar (LON:TMPL) Reaches New 1-Year High – Still a Buy?

Temple Bar (LON:TMPLGet Free Report)’s share price hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 412 and last traded at GBX 410, with a volume of 473314 shares traded. The stock had previously closed at GBX 406.

Temple Bar Price Performance

The stock has a 50 day simple moving average of GBX 397.60 and a two-hundred day simple moving average of GBX 390.14. The company has a market cap of £1.29 billion, a price-to-earnings ratio of 4.38 and a beta of 1.14.

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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