Polar Capital Technology Trust (LON:PCT) Shares Cross Below 200-Day Moving Average – What’s Next?

Polar Capital Technology Trust plc (LON:PCTGet Free Report)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 2,289.79 ($29.47) and traded as low as GBX 333 ($4.29). Polar Capital Technology Trust shares last traded at GBX 336.50 ($4.33), with a volume of 2,144,707 shares traded.

Polar Capital Technology Trust Price Performance

The company’s fifty day moving average is GBX 761.31 and its 200 day moving average is GBX 2,289.79. The company has a quick ratio of 3.12, a current ratio of 2.52 and a debt-to-equity ratio of 1.27. The stock has a market cap of £3.99 billion, a PE ratio of 369.78 and a beta of 0.49.

Polar Capital Technology Trust Company Profile

(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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