Polar Capital Global Financials (LON:PCFT) Reaches New 1-Year High – Here’s Why

Polar Capital Global Financials (LON:PCFTGet Free Report) hit a new 52-week high on Wednesday . The stock traded as high as GBX 185 ($2.40) and last traded at GBX 180.40 ($2.34), with a volume of 562708 shares trading hands. The stock had previously closed at GBX 182.40 ($2.37).

Polar Capital Global Financials Stock Performance

The business has a 50 day moving average of GBX 177.09 and a 200-day moving average of GBX 171.37. The company has a debt-to-equity ratio of 12.23, a quick ratio of 0.68 and a current ratio of 17.44. The company has a market capitalization of £554.63 million, a P/E ratio of 490.27 and a beta of 0.98.

About Polar Capital Global Financials

(Get Free Report)

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.

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