Temple Bar (LON:TMPL) Reaches New 52-Week High – Should You Buy?

Temple Bar (LON:TMPL) shares reached a new 52-week high on Wednesday . The company traded as high as GBX 288.50 ($3.59) and last traded at GBX 287.50 ($3.58), with a volume of 310446 shares. The stock had previously closed at GBX 287.50 ($3.58).

Temple Bar Trading Up 0.3 %

The stock has a market capitalization of £825.89 million, a P/E ratio of 993.96 and a beta of 1.11. The business has a 50 day simple moving average of GBX 273.37 and a 200-day simple moving average of GBX 269.68. The company has a debt-to-equity ratio of 10.37, a quick ratio of 3.68 and a current ratio of 8.76.

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.