Polar Capital Global Financials (LON:PCFT) Reaches New 1-Year High at $164.80

Polar Capital Global Financials (LON:PCFT) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 164.80 ($2.08) and last traded at GBX 164.06 ($2.07), with a volume of 160488 shares changing hands. The stock had previously closed at GBX 162.80 ($2.06).

Polar Capital Global Financials Trading Down 0.2 %

The stock has a market capitalization of £498.01 million, a price-to-earnings ratio of -3,264.00 and a beta of 0.99. The company has a debt-to-equity ratio of 14.14, a quick ratio of 0.68 and a current ratio of 6.77. The firm has a fifty day moving average of GBX 155.34 and a 200-day moving average of GBX 145.67.

Polar Capital Global Financials Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, February 29th. Investors of record on Thursday, February 1st were issued a GBX 2.10 ($0.03) dividend. The ex-dividend date of this dividend was Thursday, February 1st. This represents a yield of 1.43%. Polar Capital Global Financials’s dividend payout ratio is currently -10,000.00%.

About Polar Capital Global Financials

Polar Capital Global Financials Trust plc is a closed-ended equity mutual fund launched and managed by Polar Capital LLP. It invests in the public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the financials sector. It invests in stocks of companies across all market capitalizations.