Temple Bar (LON:TMPL) Reaches New 52-Week High – Here’s Why

Temple Bar (LON:TMPL – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Wednesday. The company traded as high as GBX 435.50 and last traded at GBX 435.50, with a volume of 183,500 shares traded. The stock had previously closed at GBX 430.

Temple Bar Stock Performance

The company has a market capitalization of £1.34 billion, a PE ratio of 5.81 and a beta of 1.15. The company’s 50-day moving average is GBX 419.31 and its 200 day moving average is GBX 400.56.

Temple Bar (LON:TMPL – Get Free Report) last issued its earnings results on Thursday, August 20th. The company reported GBX 7.90 earnings per share (EPS) for the quarter. Temple Bar had a net margin of 74.06% and a return on equity of 19.52%.

About Temple Bar

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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. The Trust is managed by Nick Purves and Ian lance of RWC Partners who have over fifty years of investment experience between them and have been working as a partnership for over thirteen years.

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