Insider Buying: Templeton Emerging Markets Investment Trust plc (LON:TEM) Insider Purchases 7,089 Shares of Stock

Templeton Emerging Markets Investment Trust plc (LON:TEM - Get Free Report) insider Sarika Patel acquired 7,089 shares of the company's stock in a transaction that occurred on Wednesday, April 9th. The stock was acquired at an average cost of GBX 154 ($2.01) per share, for a total transaction of £10,917.06 ($14,283.74).

Templeton Emerging Markets Investment Trust Stock Performance

LON:TEM traded up GBX 1.80 ($0.02) during mid-day trading on Monday, hitting GBX 159.12 ($2.08). 2,265,526 shares of the company traded hands, compared to its average volume of 2,823,372. The stock's fifty day moving average price is GBX 170.27 and its 200-day moving average price is GBX 168.05. The company has a quick ratio of 3.25, a current ratio of 1.47 and a debt-to-equity ratio of 4.91. Templeton Emerging Markets Investment Trust plc has a one year low of GBX 148.20 ($1.94) and a one year high of GBX 179.21 ($2.34). The firm has a market cap of £1.66 billion, a price-to-earnings ratio of 12.76 and a beta of 0.61.

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.