Polar Capital Global Financials (LON:PCFT - Get Free Report) released its quarterly earnings data on Thursday. The company reported GBX 5.31 ($0.07) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Polar Capital Global Financials had a return on equity of 22.02% and a net margin of 91.44%.
Polar Capital Global Financials Price Performance
PCFT remained flat at GBX 206 ($2.60) during midday trading on Friday. 270,655 shares of the company's stock traded hands, compared to its average volume of 917,252. The stock's 50 day simple moving average is GBX 198.73 and its 200 day simple moving average is GBX 187.41. Polar Capital Global Financials has a 12-month low of GBX 153.44 ($1.94) and a 12-month high of GBX 209 ($2.64). The stock has a market cap of £628.10 million, a P/E ratio of 5.48 and a beta of 0.98. The company has a quick ratio of 0.68, a current ratio of 17.44 and a debt-to-equity ratio of 12.23.
Polar Capital Global Financials Cuts Dividend
The firm also recently declared a dividend, which will be paid on Friday, May 9th. Shareholders of record on Thursday, February 6th will be issued a dividend of GBX 2.20 ($0.03) per share. This represents a dividend yield of 1.09%. The ex-dividend date is Thursday, February 6th. Polar Capital Global Financials's payout ratio is 13.31%.
About Polar Capital Global Financials
(
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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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