Templeton Emerging Markets Investment Trust (LON:TEM – Get Free Report)‘s stock had its “buy” rating restated by investment analysts at Jefferies Financial Group in a research note issued to investors on Tuesday, London Stock Exchange reports.
Templeton Emerging Markets Investment Trust Stock Performance
TEM traded up GBX 4 during midday trading on Tuesday, reaching GBX 309.50. The company had a trading volume of 9,882,091 shares, compared to its average volume of 3,593,950. The stock has a market cap of £2.61 billion, a PE ratio of 3.99 and a beta of 0.99. Templeton Emerging Markets Investment Trust has a 12-month low of GBX 224.19 and a 12-month high of GBX 352. The company has a debt-to-equity ratio of 4.38, a quick ratio of 3.25 and a current ratio of 0.80. The business has a 50-day moving average price of GBX 323.13 and a two-hundred day moving average price of GBX 298.38.
Insiders Place Their Bets
In other news, insider Sarika Patel acquired 4,445 shares of the stock in a transaction dated Monday, September 14th. The stock was purchased at an average cost of GBX 323 per share, with a total value of £14,357.35. Insiders own 0.05% of the company’s stock.
About Templeton Emerging Markets Investment Trust
TEMIT is the UK’s original and largest emerging market investment trust delivering returns for shareholders since 1989. It offers shareholders access to a balanced and diversified portfolio of emerging markets companies with the aim of delivering capital growth over the long term. Shares are also quoted on New Zealand Stock Exchanges.
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