Polar Capital Technology Trust (LON:PCT) Sets New 52-Week High – What’s Next?

Polar Capital Technology Trust plc (LON:PCTGet Free Report)’s share price hit a new 52-week high on Friday . The company traded as high as GBX 348.50 ($4.40) and last traded at GBX 347.46 ($4.39), with a volume of 464390 shares changing hands. The stock had previously closed at GBX 343.50 ($4.34).

Polar Capital Technology Trust Stock Up 1.2 %

The firm’s 50-day moving average is GBX 325.43 and its two-hundred day moving average is GBX 1,849.06. The company has a debt-to-equity ratio of 1.27, a quick ratio of 3.12 and a current ratio of 2.52. The stock has a market cap of £4.14 billion, a P/E ratio of 381.87 and a beta of 0.49.

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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