Temple Bar (LON:TMPL) Stock Crosses Above 50 Day Moving Average – What’s Next?

Temple Bar (LON:TMPL)’s stock price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 291.18 ($3.76) and traded as high as GBX 298 ($3.84). Temple Bar shares last traded at GBX 297 ($3.83), with a volume of 1,116,239 shares traded.

Temple Bar Trading Down 5.2 %

The company has a quick ratio of 3.68, a current ratio of 5.17 and a debt-to-equity ratio of 9.47. The stock has a market capitalization of £778.14 million, a PE ratio of 5.05 and a beta of 1.11. The business’s 50-day moving average is GBX 291.34 and its two-hundred day moving average is GBX 276.26.

Temple Bar (LON:TMPL) last posted its earnings results on Friday, March 21st. The company reported GBX 11.80 ($0.15) earnings per share for the quarter. Temple Bar had a return on equity of 20.62% and a net margin of 98.26%.

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.