Polar Capital Technology Trust (LON:PCT) Reaches New 12-Month High – Time to Buy?

Polar Capital Technology Trust plc (LON:PCTGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 348.50 ($4.40) and last traded at GBX 347.46 ($4.39), with a volume of 464390 shares changing hands. The stock had previously closed at GBX 343.50 ($4.34).

Polar Capital Technology Trust Stock Up 1.2 %

The firm has a market capitalization of £4.14 billion, a price-to-earnings ratio of 381.87 and a beta of 0.49. The firm has a fifty day moving average price of GBX 325.43 and a 200 day moving average price of GBX 1,849.06. The company has a current ratio of 2.52, a quick ratio of 3.12 and a debt-to-equity ratio of 1.27.

About Polar Capital Technology Trust

(Get Free Report)

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.

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