Polar Capital (LON:POLR) Shares Up 0.4% - What's Next?

Polar Capital Holdings plc (LON:POLR - Get Free Report) rose 0.4% during trading on Monday . The company traded as high as GBX 557.43 ($7.12) and last traded at GBX 548 ($7.00). Approximately 160,353 shares traded hands during mid-day trading, a decline of 30% from the average daily volume of 230,032 shares. The stock had previously closed at GBX 546 ($6.98).

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft increased their price target on shares of Polar Capital from GBX 510 ($6.52) to GBX 570 ($7.28) and gave the stock a "hold" rating in a research report on Tuesday, September 3rd.

Polar Capital Stock Down 0.9 %

The stock's fifty day simple moving average is GBX 516.80 and its two-hundred day simple moving average is GBX 538.34. The stock has a market capitalization of £515.36 million, a P/E ratio of 1,304.76, a price-to-earnings-growth ratio of 0.79 and a beta of 1.14. The company has a debt-to-equity ratio of 5.52, a quick ratio of 2.45 and a current ratio of 2.61.

Polar Capital Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, January 10th. Investors of record on Thursday, December 12th will be paid a GBX 14 ($0.18) dividend. This represents a dividend yield of 2.73%. The ex-dividend date is Thursday, December 12th. Polar Capital's dividend payout ratio is currently 10,952.38%.

Polar Capital Company Profile