Temple Bar (LON:TMPL) Shares Cross Below 200-Day Moving Average – What’s Next?

by · The Markets Daily

Temple Bar (LON:TMPL – Get Free Report) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 267.37 ($3.35) and traded as low as GBX 265.50 ($3.33). Temple Bar shares last traded at GBX 268 ($3.36), with a volume of 104,422 shares trading hands.

Temple Bar Stock Up 0.8 %

The firm has a market capitalization of £767.87 million, a price-to-earnings ratio of 924.14 and a beta of 1.11. The business has a 50 day moving average of GBX 267.70 and a 200 day moving average of GBX 267.37. The company has a debt-to-equity ratio of 10.37, a current ratio of 8.76 and a quick ratio of 3.68.

Temple Bar Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, December 30th. Stockholders of record on Thursday, November 21st will be issued a dividend of GBX 3 ($0.04) per share. This represents a dividend yield of 1.14%. This is an increase from Temple Bar’s previous dividend of $2.75. The ex-dividend date is Thursday, November 21st. Temple Bar’s dividend payout ratio (DPR) is presently 3,448.28%.

Temple Bar Company Profile

(Get Free Report)

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.

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