Key Points
- Insider purchase: Templeton Emerging Markets (LON:TEM) insider Sarika Patel bought 3,599 shares on Feb 4 at an average price of GBX 263, for a total of £9,465.37.
- Shares trading near yearly high and attractive valuation: The stock is around GBX 263.62 (one‑year high GBX 266.50) with 50‑/200‑day SMAs of GBX 242.50/224.76, a market cap of £2.53bn and a low PE of 5.36.
- Business profile and recent results: TEMIT invests in emerging markets for long‑term capital growth and reported quarterly EPS of GBX 3.33 with a net margin of 81.07% and ROE of 7.07%.
Templeton Emerging Markets Investment Trust plc (LON:TEM - Get Free Report) insider Sarika Patel bought 3,599 shares of the business's stock in a transaction on Wednesday, February 4th. The stock was acquired at an average cost of GBX 263 per share, for a total transaction of £9,465.37.
Templeton Emerging Markets Investment Trust Stock Performance
Shares of Templeton Emerging Markets Investment Trust stock opened at GBX 263.62 on Thursday. The company has a debt-to-equity ratio of 4.91, a quick ratio of 3.25 and a current ratio of 1.47. Templeton Emerging Markets Investment Trust plc has a 1 year low of GBX 148.20 and a 1 year high of GBX 266.50. The firm's 50-day simple moving average is GBX 242.50 and its 200-day simple moving average is GBX 224.76. The firm has a market cap of £2.53 billion, a PE ratio of 5.36 and a beta of 0.61.
Templeton Emerging Markets Investment Trust (LON:TEM - Get Free Report) last released its quarterly earnings data on Monday, December 8th. The company reported GBX 3.33 EPS for the quarter. Templeton Emerging Markets Investment Trust had a net margin of 81.07% and a return on equity of 7.07%.
About Templeton Emerging Markets Investment Trust
(
Get Free Report)
Launched thirty years ago in June 1989, Templeton Emerging Markets Investment Trust PLC (“TEMIT”) is an investment trust that invests principally in emerging markets companies with the aim of delivering capital growth to shareholders over the long term. While the majority of the Company's shareholders are based in the UK, shares are quoted on both the London and New Zealand Stock Exchanges.
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