Templeton Emerging Markets Investment Trust plc (LON:TEM – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 171.40 ($2.29) and last traded at GBX 170 ($2.27), with a volume of 602710 shares changing hands. The stock had previously closed at GBX 169.80 ($2.27).
Templeton Emerging Markets Investment Trust Stock Performance
The firm has a market capitalization of £1.83 billion, a price-to-earnings ratio of 1,416.55 and a beta of 0.61. The company has a current ratio of 1.47, a quick ratio of 3.25 and a debt-to-equity ratio of 4.91. The stock’s 50-day moving average is GBX 161.56 and its 200-day moving average is GBX 159.53.
About Templeton Emerging Markets Investment Trust
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.
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