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Polar Capital Technology Trust (LON:PCT) Stock Price Passes Below 200-Day Moving Average - Time to Sell?

Polar Capital Technology Trust logo with Financial Services background

Polar Capital Technology Trust plc (LON:PCT - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 2,289.79 ($29.47) and traded as low as GBX 333 ($4.29). Polar Capital Technology Trust shares last traded at GBX 336.50 ($4.33), with a volume of 2,144,707 shares trading hands.

Polar Capital Technology Trust Trading Up 0.1 %

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 company has a market cap of £4.01 billion, a PE ratio of 369.77 and a beta of 0.49. The business's 50-day simple moving average is GBX 709.34 and its 200-day simple moving average is GBX 2,272.19.

About Polar Capital Technology Trust

(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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