Temple Bar (LON:TMPL) Shares Cross Above 50 Day Moving Average – Time to Sell?

Temple Bar (LON:TMPL) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 268.45 ($3.28) and traded as high as GBX 270 ($3.30). Temple Bar shares last traded at GBX 268.45 ($3.28), with a volume of 859,939 shares trading hands.

Temple Bar Stock Down 0.6 %

The stock has a market capitalization of £764.66 million, a P/E ratio of 920.28 and a beta of 1.11. The stock has a 50 day moving average price of GBX 268.45 and a 200-day moving average price of GBX 268.03. 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 company also recently disclosed a dividend, which was paid on Monday, December 30th. Shareholders of record on Thursday, November 21st were given a GBX 3 ($0.04) dividend. This is a boost from Temple Bar’s previous dividend of $2.75. The ex-dividend date of this dividend was Thursday, November 21st. This represents a dividend yield of 1.14%. Temple Bar’s payout ratio is presently 3,448.28%.

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.