Temple Bar Investment Trust (LON:TMPL) Share Price Crosses Below 50 Day Moving Average of $218.60

Temple Bar Investment Trust PLC (LON:TMPLGet Rating)’s stock price passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 218.60 ($2.64) and traded as low as GBX 214.50 ($2.59). Temple Bar Investment Trust shares last traded at GBX 215.50 ($2.60), with a volume of 546,927 shares traded.

Temple Bar Investment Trust Stock Up 1.2 %

The company has a debt-to-equity ratio of 10.16, a current ratio of 3.68 and a quick ratio of 3.68. The company has a market capitalization of £704.84 million and a PE ratio of 458.51. The business has a 50-day moving average of GBX 218.60 and a 200 day moving average of GBX 541.44.

Temple Bar Investment Trust Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, September 30th. Investors of record on Thursday, September 8th will be given a GBX 2.30 ($0.03) dividend. The ex-dividend date of this dividend is Thursday, September 8th. This represents a dividend yield of 1.02%. Temple Bar Investment Trust’s dividend payout ratio is currently 17.02%.

Insider Buying and Selling

In related news, insider Charles Cade acquired 50,000 shares of Temple Bar Investment Trust stock in a transaction on Tuesday, July 5th. The shares were bought at an average cost of GBX 210 ($2.54) per share, with a total value of £105,000 ($126,872.89).

Temple Bar Investment Trust Company Profile

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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.

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