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Polar Capital (LON:POLR) Share Price Passes Below 200-Day Moving Average - Time to Sell?

Polar Capital logo with Finance background

Polar Capital Holdings plc (LON:POLR - Get Free Report) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 539.16 ($6.79) and traded as low as GBX 497.50 ($6.27). Polar Capital shares last traded at GBX 512 ($6.45), with a volume of 125,817 shares trading hands.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft upped their price objective on shares of Polar Capital from GBX 510 ($6.43) to GBX 570 ($7.18) and gave the company a "hold" rating in a report on Tuesday, September 3rd.

Check Out Our Latest Report on POLR

Polar Capital Stock Up 2.2 %

The stock has a market cap of £485.94 million, a PE ratio of 1,219.05, a P/E/G ratio of 0.79 and a beta of 1.14. The business has a 50 day moving average price of GBX 512.36 and a 200 day moving average price of GBX 539.02. The company has a quick ratio of 2.45, a current ratio of 2.61 and a debt-to-equity ratio of 5.52.

About Polar Capital

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