Polar Capital Technology Trust (LON:PCT) Shares Down 89.8%

Polar Capital Technology Trust plc (LON:PCT) shares traded down 89.8% during mid-day trading on Friday . The stock traded as low as GBX 287 ($3.75) and last traded at GBX 292.50 ($3.83). 255,021 shares traded hands during trading, an increase of 10% from the average session volume of 232,159 shares. The stock had previously closed at GBX 2,880 ($37.66).

Polar Capital Technology Trust Stock Performance

The firm has a fifty day simple moving average of GBX 3,004.59 and a 200 day simple moving average of GBX 3,035.20. The company has a current ratio of 2.52, a quick ratio of 3.12 and a debt-to-equity ratio of 1.27. The stock has a market cap of £353.19 million, a price-to-earnings ratio of 32.74 and a beta of 0.49.

Polar Capital Technology Trust Company Profile

Polar Capital Technology Trust plc is a closed ended equity mutual fund launched and managed by Polar Capital LLP. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the technology sector and other sectors which use technology like information, media, communications, environment, computing, healthcare, and renewable energy.