Temple Bar (LON:TMPL) Stock Passes Above Fifty Day Moving Average - Time to Sell?

Temple Bar (LON:TMPL - Get Free Report)'s share price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 266.90 ($3.47) and traded as high as GBX 269 ($3.49). Temple Bar shares last traded at GBX 266.50 ($3.46), with a volume of 397,769 shares.

Temple Bar Price Performance

The company has a debt-to-equity ratio of 10.37, a current ratio of 8.76 and a quick ratio of 3.68. The stock has a market cap of £770.74 million, a price-to-earnings ratio of 926.33 and a beta of 1.11. The stock has a fifty day moving average of GBX 266.90 and a 200 day moving average of GBX 265.31.

Temple Bar Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 27th. Shareholders of record on Thursday, August 22nd were given a GBX 2.75 ($0.04) dividend. This represents a yield of 1.03%. The ex-dividend date was Thursday, August 22nd. This is a positive change from Temple Bar's previous dividend of $2.50. Temple Bar's dividend payout ratio is currently 3,448.28%.

Temple Bar Company Profile

Temple Bar Investment Trust PLC is a closed-ended equity mutual fund launched and managed by RWC Asset Management LLP. The fund invests in the public equity markets of the United Kingdom. It seeks to invests in stocks of companies operating across diversified sectors. The fund primarily invests in stocks of companies across all market capitalizations, which are constituents of the FTSE 350 Index.