Polar Capital Global Financials (LON:PCFT) Reaches New 12-Month High – Still a Buy?

Polar Capital Global Financials (LON:PCFTGet Free Report) shares hit a new 52-week high on Tuesday . The stock traded as high as GBX 185 ($2.40) and last traded at GBX 181.80 ($2.36), with a volume of 15040 shares changing hands. The stock had previously closed at GBX 181.20 ($2.35).

Polar Capital Global Financials Stock Performance

The company has a 50-day moving average price of GBX 177.37 and a two-hundred day moving average price of GBX 171.75. The stock has a market capitalization of £550.13 million, a P/E ratio of 489.73 and a beta of 0.98. The company has a quick ratio of 0.68, a current ratio of 17.44 and a debt-to-equity ratio of 12.23.

Polar Capital Global Financials Company Profile

(Get Free Report)

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.

Further Reading

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