Polar Capital Technology Trust (LON:PCT) Shares Pass Above Two Hundred Day Moving Average of $2,905.66

Polar Capital Technology Trust plc (LON:PCT)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 2,905.66 ($36.75) and traded as high as GBX 3,360 ($42.50). Polar Capital Technology Trust shares last traded at GBX 3,360 ($42.50), with a volume of 221,666 shares.

Polar Capital Technology Trust Price Performance

The stock’s 50 day moving average price is GBX 3,108.42 and its two-hundred day moving average price is GBX 2,905.66. The company has a debt-to-equity ratio of 1.64, a current ratio of 2.73 and a quick ratio of 3.12. The firm has a market capitalization of £4.03 billion, a price-to-earnings ratio of 837.91 and a beta of 0.54.

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.