Polar Capital Holdings plc (LON:POLR - Get Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 530.65 ($7.11) and traded as high as GBX 544 ($7.28). Polar Capital shares last traded at GBX 539 ($7.22), with a volume of 80,464 shares trading hands.
Wall Street Analyst Weigh In
Separately, Deutsche Bank Aktiengesellschaft raised their price objective on shares of Polar Capital from GBX 510 ($6.83) to GBX 570 ($7.63) and gave the stock a "hold" rating in a research note on Tuesday, September 3rd.
Read Our Latest Report on Polar Capital
Polar Capital Trading Up 1.5 %
The business has a 50-day simple moving average of GBX 538.21 and a 200-day simple moving average of GBX 530.65. The company has a quick ratio of 2.45, a current ratio of 2.61 and a debt-to-equity ratio of 5.52. The company has a market cap of £519.16 million, a PE ratio of 1,279.33, a price-to-earnings-growth ratio of 0.79 and a beta of 1.14.
Insider Buying and Selling
In other Polar Capital news, insider Gavin Rochussen sold 63,111 shares of Polar Capital stock in a transaction dated Friday, July 12th. The stock was sold at an average price of GBX 600 ($8.03), for a total transaction of £378,666 ($507,051.42). Insiders own 15.23% of the company's stock.
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