Templeton Emerging Markets Investment Trust plc (LON:TEM – Get Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 342.50 and last traded at GBX 337.50, with a volume of 2841924 shares. The stock had previously closed at GBX 331.62.
Templeton Emerging Markets Investment Trust Stock Performance
The firm has a 50 day moving average of GBX 288.75 and a two-hundred day moving average of GBX 263.80. The stock has a market cap of £3.16 billion, a P/E ratio of 6.81 and a beta of 1.08.
Templeton Emerging Markets Investment Trust (LON:TEM – Get Free Report) last announced its earnings results on Wednesday, June 3rd. The company reported GBX 5.39 earnings per share for the quarter. Templeton Emerging Markets Investment Trust had a return on equity of 22.76% and a net margin of 100.49%.The firm had revenue of GBX 6,556 million during the quarter.
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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