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Templeton Emerging Markets Investment Trust (LON:TEM) Stock Crosses Below 50-Day Moving Average - What's Next?

Templeton Emerging Markets Investment Trust logo with Financial Services background

Shares of Templeton Emerging Markets Investment Trust plc (LON:TEM - Get Free Report) passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 165.97 ($2.09) and traded as low as GBX 164.80 ($2.07). Templeton Emerging Markets Investment Trust shares last traded at GBX 165 ($2.08), with a volume of 923,942 shares.

Templeton Emerging Markets Investment Trust Stock Performance

The firm has a fifty day simple moving average of GBX 166.15 and a 200-day simple moving average of GBX 163.06. The company has a market cap of £1.76 billion, a PE ratio of 1,371.67 and a beta of 0.61. 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 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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