Templeton Emerging Markets Investment Trust (LON:TEM) Share Price Passes Below 50 Day Moving Average – Here’s What Happened

Templeton Emerging Markets Investment Trust plc (LON:TEMGet Free Report)’s stock price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 165.97 ($2.10) and traded as low as GBX 164.80 ($2.09). Templeton Emerging Markets Investment Trust shares last traded at GBX 165 ($2.09), with a volume of 923,942 shares traded.

Templeton Emerging Markets Investment Trust Trading Up 0.2 %

The company has a market cap of £1.77 billion, a P/E ratio of 1,375.00 and a beta of 0.61. The business has a fifty day moving average price of GBX 165.97 and a 200-day moving average price of GBX 163.03. The company has a quick ratio of 3.25, a current ratio of 1.47 and a debt-to-equity ratio of 4.91.

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.

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