Shares of Templeton Emerging Markets Investment Trust plc (LON:TEM – Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 323.50 and last traded at GBX 323.50, with a volume of 8489536 shares trading hands. The stock had previously closed at GBX 313.58.
Templeton Emerging Markets Investment Trust Trading Up 2.9%
The firm has a market cap of £3.04 billion, a price-to-earnings ratio of 6.56 and a beta of 1.08. The company has a fifty day moving average price of GBX 278.58 and a 200-day moving average price of GBX 259.08.
About Templeton Emerging Markets Investment Trust
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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