Polar Capital Global Financials Trust (LON:PCFC) Shares Down 0.5% – Here’s Why

Polar Capital Global Financials Trust plc (LON:PCFC)’s share price fell 0.5% on Tuesday . The company traded as low as GBX 103.50 ($1.35) and last traded at GBX 103.50 ($1.35). 14,900 shares changed hands during mid-day trading, a decline of 86% from the average session volume of 104,209 shares. The stock had previously closed at GBX 104 ($1.36).

Polar Capital Global Financials Trust Trading Down 0.5 %

The stock has a market cap of £315.13 million and a PE ratio of 2.09. The company has a 50 day moving average of GBX 103.50 and a two-hundred day moving average of GBX 103.50. The company has a debt-to-equity ratio of 10.12, a quick ratio of 0.15 and a current ratio of 0.15.

Polar Capital Global Financials Trust Company Profile

Polar Capital Global Financials Trust plc is a closed-ended equity mutual fund launched and managed by Polar Capital LLP. It invests in the public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the financials sector. It invests in stocks of companies across all market capitalizations.