Templeton Emerging Markets Investment Trust plc (LON:TEM - Get Free Report)'s stock price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 169.42 ($2.19) and traded as high as GBX 173.60 ($2.24). Templeton Emerging Markets Investment Trust shares last traded at GBX 170.40 ($2.20), with a volume of 1,813,277 shares trading hands.
Templeton Emerging Markets Investment Trust Price Performance
The stock has a market cap of £1.81 billion, a PE ratio of 13.89 and a beta of 0.61. The company has a current ratio of 1.47, a quick ratio of 3.25 and a debt-to-equity ratio of 4.91. The business has a 50-day moving average price of GBX 169.79 and a 200-day moving average price of GBX 166.73.
Templeton Emerging Markets Investment Trust (LON:TEM - Get Free Report) last announced its earnings results on Monday, December 9th. The company reported GBX 3.60 ($0.05) earnings per share (EPS) for the quarter. Templeton Emerging Markets Investment Trust had a return on equity of 7.07% and a net margin of 81.07%.
Templeton Emerging Markets Investment Trust Cuts Dividend
The company also recently disclosed a dividend, which was paid on Friday, January 31st. Shareholders of record on Thursday, December 19th were issued a GBX 2 ($0.03) dividend. The ex-dividend date of this dividend was Thursday, December 19th. This represents a yield of 1.19%. Templeton Emerging Markets Investment Trust's payout ratio is currently 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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