Polar Capital Global Financials (LON:PCFT) Shares Cross Above 50-Day Moving Average – Here’s Why

Polar Capital Global Financials (LON:PCFT) shares crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 173.88 ($2.33) and traded as high as GBX 176.60 ($2.36). Polar Capital Global Financials shares last traded at GBX 176.60 ($2.36), with a volume of 368,617 shares traded.

Polar Capital Global Financials Stock Up 0.3 %

The company has a quick ratio of 0.68, a current ratio of 17.44 and a debt-to-equity ratio of 12.23. The company has a market cap of £538.48 million, a price-to-earnings ratio of 478.92 and a beta of 0.98. The stock has a fifty day moving average price of GBX 173.99 and a two-hundred day moving average price of GBX 169.05.

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.