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Polar Capital Global Financials (LON:PCFT) Reaches New 52-Week High - Still a Buy?

Polar Capital Global Financials logo with Financial Services background

Polar Capital Global Financials (LON:PCFT - Get Free Report) hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 204.50 ($2.52) and last traded at GBX 204 ($2.52), with a volume of 24744 shares traded. The stock had previously closed at GBX 201.50 ($2.48).

Polar Capital Global Financials Trading Up 0.4 %

The stock's fifty day moving average price is GBX 193.65 and its two-hundred day moving average price is GBX 182.15. The stock has a market capitalization of £614.19 million, a P/E ratio of 546.51 and a beta of 0.98. 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.

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