Temple Bar (LON:TMPL) Shares Pass Above 50 Day Moving Average – Should You Sell?

Temple Bar (LON:TMPLGet Free Report)’s share price crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 393.94 and traded as high as GBX 401. Temple Bar shares last traded at GBX 400.50, with a volume of 1,036,651 shares trading hands.

Temple Bar Price Performance

The firm has a market capitalization of £1.21 billion, a price-to-earnings ratio of 4.12 and a beta of 1.14. The business has a fifty day moving average price of GBX 393.94 and a two-hundred day moving average price of GBX 387.91.

About Temple Bar

(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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