Temple Bar (LON:TMPL) Share Price Crosses Below Fifty Day Moving Average – Here’s What Happened

Temple Bar (LON:TMPL) passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 414.27 and traded as low as GBX 411.50. Temple Bar shares last traded at GBX 414.65, with a volume of 464,257 shares trading hands.

Temple Bar Price Performance

The stock has a market cap of £1.28 billion, a P/E ratio of 5.54 and a beta of 1.15. The company has a fifty day moving average of GBX 414.59 and a 200 day moving average of GBX 397.37.

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

Temple Bar Company Profile

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.