Temple Bar (LON:TMPL) Stock Price Passes Above 50 Day Moving Average – Should You Sell?

Shares of Temple Bar (LON:TMPL) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 266.65 ($3.49) and traded as high as GBX 267.36 ($3.50). Temple Bar shares last traded at GBX 267 ($3.49), with a volume of 557,633 shares.

Temple Bar Trading Up 0.6 %

The company has a market cap of £765.01 million, a PE ratio of 920.69 and a beta of 1.11. The company has a current ratio of 8.76, a quick ratio of 3.68 and a debt-to-equity ratio of 10.37. The firm has a fifty day moving average of GBX 266.65 and a two-hundred day moving average of GBX 263.45.

Temple Bar Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 27th. Investors of record on Thursday, August 22nd were issued a GBX 2.75 ($0.04) dividend. The ex-dividend date was Thursday, August 22nd. This is an increase from Temple Bar’s previous dividend of $2.50. This represents a yield of 1.03%. Temple Bar’s dividend payout ratio (DPR) is 3,448.28%.

About Temple Bar

Temple Bar Investment Trust PLC is a closed-ended equity mutual fund launched and managed by RWC Asset Management LLP. The fund invests in the public equity markets of the United Kingdom. It seeks to invests in stocks of companies operating across diversified sectors. The fund primarily invests in stocks of companies across all market capitalizations, which are constituents of the FTSE 350 Index.