Polar Capital Global Financials Trust (LON:PCFC) Shares Down 0.5% – Here’s Why

Shares of Polar Capital Global Financials Trust plc (LON:PCFCGet Free Report) were down 0.5% during mid-day trading on Wednesday . The stock traded as low as GBX 103.50 ($1.34) and last traded at GBX 103.50 ($1.34). Approximately 14,900 shares traded hands during trading, a decline of 86% from the average daily volume of 104,209 shares. The stock had previously closed at GBX 104 ($1.35).

Polar Capital Global Financials Trust Price Performance

The company has a debt-to-equity ratio of 10.12, a current ratio of 0.15 and a quick ratio of 0.15. The firm has a market cap of £315.13 million and a price-to-earnings ratio of 2.09. The stock has a 50-day moving average price of GBX 103.50 and a 200 day moving average price of GBX 103.50.

About Polar Capital Global Financials Trust

(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.

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