Shares of Templeton Emerging Markets Investment Trust plc (LON:TEM - Get Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as GBX 175.60 ($2.23) and last traded at GBX 175.40 ($2.22), with a volume of 2567020 shares. The stock had previously closed at GBX 172.60 ($2.19).
Templeton Emerging Markets Investment Trust Price Performance
The company has a quick ratio of 3.25, a current ratio of 1.47 and a debt-to-equity ratio of 4.91. The company has a market capitalization of £1.86 billion, a P/E ratio of 14.26 and a beta of 0.61. The company's 50-day simple moving average is GBX 168.21 and its 200 day simple moving average is GBX 165.80.
Templeton Emerging Markets Investment Trust (LON:TEM - Get Free Report) last posted its earnings results on Monday, December 9th. The company reported GBX 3.60 ($0.05) EPS for the quarter. Templeton Emerging Markets Investment Trust had a net margin of 81.07% and a return on equity of 7.07%.
Templeton Emerging Markets Investment Trust Cuts Dividend
The company also recently disclosed a dividend, which was paid on Friday, January 31st. Stockholders of record on Thursday, December 19th were paid a GBX 2 ($0.03) dividend. This represents a dividend yield of 1.19%. The ex-dividend date of this dividend was Thursday, December 19th. Templeton Emerging Markets Investment Trust's payout ratio is 48.11%.
Templeton Emerging Markets Investment Trust Company Profile
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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.
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