Free Trial

Polar Capital Technology Trust (LON:PCT) Shares Pass Below Two Hundred 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) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,062.47 ($13.17) and traded as low as GBX 369 ($4.57). Polar Capital Technology Trust shares last traded at GBX 374 ($4.63), with a volume of 1,380,789 shares changing hands.

Polar Capital Technology Trust Stock Up 1.6 %

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 firm has a market cap of £4.47 billion, a price-to-earnings ratio of 413.19 and a beta of 0.49. The firm has a 50 day moving average price of GBX 355.77 and a 200-day moving average price of GBX 1,022.85.

Polar Capital Technology Trust (LON:PCT - Get Free Report) last issued its quarterly earnings results on Tuesday, December 10th. The company reported GBX (0.34) ($0.00) earnings per share (EPS) for the quarter. Polar Capital Technology Trust had a net margin of 97.18% and a return on equity of 33.63%.

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.

See Also

Should You Invest $1,000 in Polar Capital Technology Trust Right Now?

Before you consider Polar Capital Technology Trust, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Polar Capital Technology Trust wasn't on the list.

While Polar Capital Technology Trust currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

20 Stocks to Sell Now Cover

MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio?

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA Earnings: Will it Spark a Rally or Trigger a Sell-Off?
Marjorie Taylor Greene Bought THOUSANDS in Tesla Stock
The EXACT Date of Next Stock Market Crash

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines