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Polar Capital Technology Trust (LON:PCT) Reaches New 1-Year High - Still a Buy?

Polar Capital Technology Trust logo with Financial Services background

Polar Capital Technology Trust plc (LON:PCT - Get Free Report) reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 365 ($4.51) and last traded at GBX 358.50 ($4.43), with a volume of 1481313 shares changing hands. The stock had previously closed at GBX 363 ($4.49).

Polar Capital Technology Trust Trading Down 1.4 %

The company has a debt-to-equity ratio of 1.27, a current ratio of 2.52 and a quick ratio of 3.12. The business's 50-day simple moving average is GBX 339.54 and its two-hundred day simple moving average is GBX 1,480.18. The stock has a market capitalization of £4.21 billion, a price-to-earnings ratio of 388.46 and a beta of 0.49.

About Polar Capital Technology Trust

(Get Free Report)

Technology: Invest for today and shape the future The modern world is built on technology – an ever-advancing megatrend transforming to our lives today and shaping our future. Polar Capital Technology Trust plc provides investors access to this enormous, fast-evolving potential. As one of the largest, most experienced technology investment trusts in Europe, we have deep experience in identifying trends early.

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