Temple Bar (LON:TMPL) Shares Cross Above 50 Day Moving Average – Should You Sell?
by Danessa Lincoln · The Markets DailyShares of Temple Bar (LON:TMPL – Get Free Report) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 373.59 and traded as high as GBX 383.50. Temple Bar shares last traded at GBX 380.50, with a volume of 752,804 shares.
Temple Bar Price Performance
The company has a current ratio of 5.17, a quick ratio of 3.68 and a debt-to-equity ratio of 9.47. The company has a market capitalization of £1.10 billion, a price-to-earnings ratio of 6.62 and a beta of 1.11. The company has a 50 day moving average price of GBX 373.59 and a 200 day moving average price of GBX 357.84.
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. 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.