Temple Bar (LON:TMPL) Stock Passes Above Fifty Day Moving Average - What's Next?

Temple Bar (LON:TMPL - Get Free Report) shares crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 266.11 ($3.45) and traded as high as GBX 266.75 ($3.46). Temple Bar shares last traded at GBX 263 ($3.41), with a volume of 545,278 shares traded.

Temple Bar Stock Up 1.5 %

The stock has a fifty day moving average of GBX 265.81 and a 200-day moving average of GBX 266.30. The firm has a market capitalization of £765.01 million, a price-to-earnings ratio of 920.69 and a beta of 1.11. The company has a current ratio of 8.76, a quick ratio of 3.68 and a debt-to-equity ratio of 10.37.

Temple Bar Increases Dividend

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

About Temple Bar

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.