Templeton Emerging Mkts Invmt Tr TEMIT (LON:TEM) Sets New 52-Week High at $161.80

Templeton Emerging Mkts Invmt Tr TEMIT (LON:TEM)’s share price reached a new 52-week high on Tuesday . The stock traded as high as GBX 161.80 ($2.03) and last traded at GBX 160.80 ($2.02), with a volume of 160282 shares. The stock had previously closed at GBX 159.60 ($2.01).

Templeton Emerging Mkts Invmt Tr TEMIT Stock Performance

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 stock has a fifty day moving average price of GBX 153.80 and a two-hundred day moving average price of GBX 149.80. The company has a market capitalization of £1.79 billion, a price-to-earnings ratio of 1,148.57 and a beta of 0.65.

Insiders Place Their Bets

In other news, insider Angus Macpherson acquired 68,000 shares of the business’s stock in a transaction dated Monday, February 12th. The stock was acquired at an average price of GBX 148 ($1.86) per share, with a total value of £100,640 ($126,432.16). 0.46% of the stock is owned by corporate 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.