Polar Capital (LON:POLR) Share Price Passes Below 200 Day Moving Average – Here’s Why

Polar Capital Holdings plc (LON:POLRGet Free Report)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 528.60 ($6.52) and traded as low as GBX 511 ($6.30). Polar Capital shares last traded at GBX 513 ($6.33), with a volume of 118,221 shares.

Polar Capital Stock Performance

The stock has a market capitalization of £486.89 million, a P/E ratio of 1,221.43, a P/E/G ratio of 0.79 and a beta of 1.14. The company has a debt-to-equity ratio of 5.52, a quick ratio of 2.45 and a current ratio of 2.61. The business’s fifty day moving average price is GBX 516.75 and its two-hundred day moving average price is GBX 528.60.

Polar Capital Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, January 10th. Stockholders of record on Thursday, December 12th were issued a GBX 14 ($0.17) dividend. This represents a dividend yield of 2.73%. The ex-dividend date was Thursday, December 12th. Polar Capital’s dividend payout ratio (DPR) is 10,952.38%.

About Polar Capital

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