Templeton Emerging Markets Investment Trust (LON:TEM) Stock Passes Above Fifty Day Moving Average of $147.04

Templeton Emerging Markets Investment Trust plc (LON:TEM – Get Rating)’s share price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 147.04 ($1.83) and traded as high as GBX 147.60 ($1.84). Templeton Emerging Markets Investment Trust shares last traded at GBX 146.40 ($1.82), with a volume of 2,084,066 shares traded.

Templeton Emerging Markets Investment Trust Trading Up 0.8 %

The stock has a market capitalization of £1.72 billion, a price-to-earnings ratio of -413.33 and a beta of 0.72. The company’s 50-day moving average is GBX 147.07 and its 200-day moving average is GBX 149.72. The company has a quick ratio of 3.25, a current ratio of 3.25 and a debt-to-equity ratio of 8.22.

About Templeton Emerging Markets Investment Trust

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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.