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Templeton Emerging Markets Investment Trust (LON:TEM) Share Price Passes Above 50-Day Moving Average - What's Next?

Templeton Emerging Markets Investment Trust logo with Financial Services background

Templeton Emerging Markets Investment Trust plc (LON:TEM - Get Free Report) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 163.86 ($2.13) and traded as high as GBX 167.40 ($2.17). Templeton Emerging Markets Investment Trust shares last traded at GBX 166.60 ($2.16), with a volume of 2,228,504 shares traded.

Templeton Emerging Markets Investment Trust Price Performance

The company has a 50-day moving average price of GBX 163.94 and a two-hundred day moving average price of GBX 161.26. The company has a debt-to-equity ratio of 4.91, a current ratio of 1.47 and a quick ratio of 3.25. The company has a market cap of £1.79 billion, a PE ratio of 1,395.00 and a beta of 0.61.

Templeton Emerging Markets Investment Trust Company Profile

(Get Free Report)

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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