Polar Capital Global Financials (LON:PCFT) Stock Price Passes Above 50 Day Moving Average of $159.32

Shares of Polar Capital Global Financials (LON:PCFT) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 159.32 ($1.98) and traded as high as GBX 161.20 ($2.01). Polar Capital Global Financials shares last traded at GBX 160.20 ($1.99), with a volume of 373,286 shares changing hands.

Polar Capital Global Financials Stock Performance

The business’s fifty day moving average price is GBX 159.32 and its 200-day moving average price is GBX 148.10. The company has a debt-to-equity ratio of 14.14, a current ratio of 6.77 and a quick ratio of 0.68. The stock has a market capitalization of £487.80 million, a PE ratio of -3,204.00 and a beta of 0.99.

Polar Capital Global Financials Company Profile

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.