Templeton Emerging Markets Investment Trust (LON:TEM) Shares Cross Above 50 Day Moving Average – Time to Sell?

Templeton Emerging Markets Investment Trust plc (LON:TEMGet Free Report)’s stock price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 164.18 ($2.13) and traded as high as GBX 166 ($2.15). Templeton Emerging Markets Investment Trust shares last traded at GBX 165 ($2.14), with a volume of 1,387,392 shares trading hands.

Templeton Emerging Markets Investment Trust Trading Down 1.0 %

The firm has a market capitalization of £1.77 billion, a price-to-earnings ratio of 1,375.00 and a beta of 0.61. The business’s 50 day moving average price is GBX 164.18 and its 200-day moving average price is GBX 161.70. The company has a debt-to-equity ratio of 4.91, a current ratio of 1.47 and a quick ratio of 3.25.

About Templeton Emerging Markets Investment Trust

(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.

Further Reading

Receive News & Ratings for Templeton Emerging Markets Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Templeton Emerging Markets Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.