Temple Bar (LON:TMPL) Shares Pass Above 50 Day Moving Average – Here’s What Happened

Temple Bar (LON:TMPLGet Free Report) shares crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 395.27 and traded as high as GBX 405.50. Temple Bar shares last traded at GBX 405.50, with a volume of 710,106 shares.

Temple Bar Trading Down 0.4%

The firm has a market capitalization of £1.23 billion, a price-to-earnings ratio of 4.16 and a beta of 1.14. The company has a fifty day moving average price of GBX 395.27 and a 200-day moving average price of GBX 388.92.

Temple Bar Company Profile

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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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