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Polar Capital Technology Trust (LON:PCT) Reaches New 52-Week High - Here's Why

Polar Capital Technology Trust logo with Financial Services background

Shares of Polar Capital Technology Trust plc (LON:PCT - Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 354.50 ($4.39) and last traded at GBX 354.50 ($4.39), with a volume of 1091561 shares. The stock had previously closed at GBX 348.50 ($4.31).

Polar Capital Technology Trust Price Performance

The company has a current ratio of 2.52, a quick ratio of 3.12 and a debt-to-equity ratio of 1.27. The stock has a market capitalization of £4.22 billion, a PE ratio of 389.56 and a beta of 0.49. The business has a fifty day moving average price of GBX 336.10 and a 200-day moving average price of GBX 1,577.79.

Polar Capital Technology Trust Company Profile

(Get Free Report)

Polar Capital Technology Trust plc is a closed ended equity mutual fund launched and managed by Polar Capital LLP. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the technology sector and other sectors which use technology like information, media, communications, environment, computing, healthcare, and renewable energy.

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