Polar Capital Technology Trust plc (LON:PCT - Get Free Report) shares rose 0.1% during trading on Wednesday . The company traded as high as GBX 342 ($4.34) and last traded at GBX 341 ($4.32). Approximately 1,893,102 shares traded hands during trading, a decline of 18% from the average daily volume of 2,311,362 shares. The stock had previously closed at GBX 340.50 ($4.32).
Polar Capital Technology Trust Price Performance
The firm has a market capitalization of £4.09 billion, a PE ratio of 378.37 and a beta of 0.49. 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 fifty day moving average price of GBX 323.56 and a two-hundred day moving average price of GBX 1,878.91.
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
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
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.