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Polar Capital Technology Trust (LON:PCT) Shares Cross Below Two Hundred 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) shares passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 1,396.71 ($17.10) and traded as low as GBX 349.36 ($4.28). Polar Capital Technology Trust shares last traded at GBX 361.50 ($4.42), with a volume of 1,661,608 shares changing hands.

Polar Capital Technology Trust Trading Up 2.4 %

The firm has a market cap of £4.40 billion, a price-to-earnings ratio of 406.59 and a beta of 0.49. The company's 50-day moving average price is GBX 342.56 and its 200-day moving average price is GBX 1,396.71. The company has a quick ratio of 3.12, a current ratio of 2.52 and a debt-to-equity ratio of 1.27.

About Polar Capital Technology Trust

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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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