Templeton Emerging Mkts Invmt Tr TEMIT (LON:TEM) Sets New 1-Year High at $157.20

Templeton Emerging Mkts Invmt Tr TEMIT (LON:TEM)’s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 157.20 ($1.94) and last traded at GBX 157.20 ($1.94), with a volume of 176716 shares changing hands. The stock had previously closed at GBX 156.40 ($1.93).

Templeton Emerging Mkts Invmt Tr TEMIT Price Performance

The stock has a fifty day moving average of GBX 152.45 and a 200-day moving average of GBX 149.16. The company has a quick ratio of 3.25, a current ratio of 36.22 and a debt-to-equity ratio of 5.17. The firm has a market capitalization of £1.76 billion, a P/E ratio of 1,117.14 and a beta of 0.65.

Insider Activity at Templeton Emerging Mkts Invmt Tr TEMIT

In other Templeton Emerging Mkts Invmt Tr TEMIT news, insider Angus Macpherson purchased 68,000 shares of the business’s stock in a transaction that occurred on Monday, February 12th. The stock was acquired at an average cost of GBX 148 ($1.83) per share, with a total value of £100,640 ($124,308.30). 0.46% of the stock is currently owned by company insiders.

About Templeton Emerging Mkts Invmt Tr TEMIT

Templeton Emerging Markets Investment Trust plc is a closed-ended equity mutual fund launched and managed by Franklin Templeton International Services S.a.r l. The fund is co-managed by Franklin Templeton Investment Management Limited and Templeton Asset Management Ltd. It invests in the public equity markets of developing countries across the globe.