Polar Capital Global Financials (LON:PCFT) Stock Price Passes Below 50 Day Moving Average – What’s Next?

Polar Capital Global Financials (LON:PCFT)’s share price passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 188.97 ($2.37) and traded as low as GBX 188.58 ($2.36). Polar Capital Global Financials shares last traded at GBX 189.20 ($2.37), with a volume of 136,927 shares traded.

Polar Capital Global Financials Stock Performance

The company has a debt-to-equity ratio of 12.23, a quick ratio of 0.68 and a current ratio of 17.44. The firm’s 50 day moving average price is GBX 189.37 and its 200-day moving average price is GBX 178.32. The firm has a market capitalization of £575.89 million, a PE ratio of 512.43 and a beta of 0.98.

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.