Polar Capital (LON:POLR) Shares Pass Below Two Hundred Day Moving Average – What’s Next?

Polar Capital Holdings plc (LON:POLRGet Free Report)’s share price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 530.89 ($6.48) and traded as low as GBX 480.50 ($5.87). Polar Capital shares last traded at GBX 492.75 ($6.02), with a volume of 238,918 shares changing hands.

Polar Capital Stock Up 0.7 %

The stock has a market cap of £467.67 million, a price-to-earnings ratio of 1,173.21, a price-to-earnings-growth ratio of 0.79 and a beta of 1.14. The firm’s 50-day moving average is GBX 516.65 and its 200 day moving average is GBX 530.89. The company has a debt-to-equity ratio of 5.52, a current ratio of 2.61 and a quick ratio of 2.45.

Polar Capital Cuts Dividend

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

About Polar Capital

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