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Polar Capital (LON:POLR) Share Price Passes Below Two Hundred Day Moving Average - Here's What Happened

Polar Capital logo with Finance background

Polar Capital Holdings plc (LON:POLR - Get Free Report) shares passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 541.06 ($7.02) and traded as low as GBX 506.94 ($6.58). Polar Capital shares last traded at GBX 515 ($6.69), with a volume of 194,256 shares trading hands.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft increased their price target on Polar Capital from GBX 510 ($6.62) to GBX 570 ($7.40) and gave the stock a "hold" rating in a research note on Tuesday, September 3rd.

Check Out Our Latest Stock Analysis on POLR

Polar Capital Stock Down 1.7 %

The company has a 50 day moving average price of GBX 523.13 and a 200-day moving average price of GBX 541.06. The company has a debt-to-equity ratio of 5.52, a current ratio of 2.61 and a quick ratio of 2.45. The stock has a market capitalization of £480.24 million, a PE ratio of 1,221.48, a PEG ratio of 0.79 and a beta of 1.14.

Polar Capital Company Profile

(Get Free Report)

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