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Polar Capital Technology Trust (LON:PCT) Shares Cross Below 200-Day Moving Average - Here's What Happened

Polar Capital Technology Trust logo with Financial Services background

Shares of Polar Capital Technology Trust plc (LON:PCT - Get Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,763.53 ($22.16) and traded as low as GBX 335 ($4.21). Polar Capital Technology Trust shares last traded at GBX 347 ($4.36), with a volume of 3,458,582 shares changing hands.

Polar Capital Technology Trust Price Performance

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 stock has a market capitalization of £4.13 billion, a P/E ratio of 381.32 and a beta of 0.49. The stock's fifty day moving average is GBX 329.47 and its 200-day moving average is GBX 1,754.67.

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.

Further Reading

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