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Polar Capital Technology Trust (LON:PCT) Stock Crosses Below 200-Day Moving Average - Should You Sell?

Polar Capital Technology Trust logo with Financial Services background

Polar Capital Technology Trust plc (LON:PCT - Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 330.04 ($4.37) and traded as low as GBX 262 ($3.47). Polar Capital Technology Trust shares last traded at GBX 266.50 ($3.53), with a volume of 2,210,114 shares changing hands.

Polar Capital Technology Trust Stock Down 1.7 %

The firm has a market capitalization of £3.14 billion, a P/E ratio of 2.62 and a beta of 0.49. The firm's 50 day moving average is GBX 307.01 and its two-hundred day moving average is GBX 330.04. The company has a debt-to-equity ratio of 1.83, a current ratio of 19.70 and a quick ratio of 3.12.

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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