Shares of Templeton Emerging Markets Investment Trust plc (LON:TEM - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 164.98 ($2.05) and traded as high as GBX 170.60 ($2.12). Templeton Emerging Markets Investment Trust shares last traded at GBX 165.80 ($2.06), with a volume of 1,118,199 shares traded.
Templeton Emerging Markets Investment Trust Stock Up 0.4 %
The firm has a market cap of £1.78 billion, a price-to-earnings ratio of 1,386.67 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. The stock's 50 day moving average is GBX 166.28 and its 200 day moving average is GBX 164.99.
Templeton Emerging Markets Investment Trust (LON:TEM - Get Free Report) last issued its earnings results on Monday, December 9th. The company reported GBX 3.60 ($0.04) earnings per share for the quarter. Templeton Emerging Markets Investment Trust had a net margin of 81.07% and a return on equity of 6.93%.
Templeton Emerging Markets Investment Trust Cuts Dividend
The firm also recently disclosed a dividend, which will be paid on Friday, January 31st. Shareholders of record on Thursday, December 19th will be given a dividend of GBX 2 ($0.02) per share. The ex-dividend date of this dividend is Thursday, December 19th. This represents a yield of 1.19%. Templeton Emerging Markets Investment Trust's payout ratio is presently 5,000.00%.
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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