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Polar Capital Global Financials (LON:PCFT) Sets New 12-Month High - Here's What Happened

Polar Capital Global Financials logo with Financial Services background

Polar Capital Global Financials (LON:PCFT - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 201.98 ($2.47) and last traded at GBX 200 ($2.45), with a volume of 108148 shares trading hands. The stock had previously closed at GBX 198.60 ($2.43).

Polar Capital Global Financials Price Performance

The stock has a market cap of £610.52 million, a P/E ratio of 543.24 and a beta of 0.98. The company has a 50 day simple moving average of GBX 192.73 and a 200 day simple moving average of GBX 181.14. The company has a current ratio of 17.44, a quick ratio of 0.68 and a debt-to-equity ratio of 12.23.

Polar Capital Global Financials Company Profile

(Get Free Report)

Polar Capital Global Financials Trust plc is a UK investment trust launched in July 2013, co-managed by Polar Capital's John Yakas, Nick Brind and George Barrow. The Trust was initially launched with a fixed term life but in April 2020 moved to 5-yearly tender offers with no fixed end of life. The first of the regular tender offers will be on or before 30 June 2025. PCFT aims to select the best investment opportunities from the world of financials.

Further Reading

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