Polar Capital Technology Trust (LON:PCT) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Polar Capital Technology Trust plc (LON:PCTGet Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,606.92 ($20.11) and traded as low as GBX 345 ($4.32). Polar Capital Technology Trust shares last traded at GBX 348.50 ($4.36), with a volume of 285,352 shares trading hands.

Polar Capital Technology Trust Stock Up 0.4 %

The company has a market cap of £4.15 billion, a price-to-earnings ratio of 382.97 and a beta of 0.49. The business has a 50-day simple moving average of GBX 334.54 and a two-hundred day simple moving average of GBX 1,606.92. The company has a quick ratio of 3.12, a current ratio of 2.52 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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