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

Shares of Temple Bar (LON:TMPL) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 268.45 ($3.30) and traded as high as GBX 270 ($3.32). Temple Bar shares last traded at GBX 268.45 ($3.30), with a volume of 859,939 shares trading hands.

Temple Bar Price Performance

The company has a debt-to-equity ratio of 10.37, a current ratio of 8.76 and a quick ratio of 3.68. The company has a fifty day moving average price of GBX 268.45 and a 200 day moving average price of GBX 268.03. The company has a market capitalization of £764.29 million, a P/E ratio of 919.83 and a beta of 1.11.

Temple Bar Increases Dividend

The business also recently announced a dividend, which was paid on Monday, December 30th. Shareholders of record on Thursday, November 21st were given a GBX 3 ($0.04) dividend. The ex-dividend date of this dividend was Thursday, November 21st. This is a positive change from Temple Bar’s previous dividend of $2.75. This represents a yield of 1.14%. Temple Bar’s dividend payout ratio (DPR) is currently 3,448.28%.

About Temple Bar

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.