Temple Bar (LON:TMPL) Shares Cross Above 50 Day Moving Average – Time to Sell?

Temple Bar (LON:TMPL)’s stock price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 267.81 ($3.35) and traded as high as GBX 272 ($3.40). Temple Bar shares last traded at GBX 272 ($3.40), with a volume of 188,378 shares changing hands.

Temple Bar Stock Performance

The company has a quick ratio of 3.68, a current ratio of 8.76 and a debt-to-equity ratio of 10.37. The stock has a market cap of £779.23 million, a P/E ratio of 937.80 and a beta of 1.11. The stock has a fifty day simple moving average of GBX 267.89 and a 200-day simple moving average of GBX 267.50.

Temple Bar Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, December 30th. Investors of record on Thursday, November 21st were issued a dividend of GBX 3 ($0.04) per share. The ex-dividend date of this dividend was Thursday, November 21st. This represents a yield of 1.14%. This is a boost from Temple Bar’s previous dividend of $2.75. Temple Bar’s payout ratio is currently 3,448.28%.

About Temple Bar

Temple Bar’s investment objective is to provide investors with a growing income combined with growth in capital. It aims to meet this objective by investing primarily in UK equities, across different sectors, maintaining a balance of larger and smaller/medium-sized companies. The trust has a bias towards FTSE 350 companies.