Polar Capital Technology Trust (LON:PCT) Hits New 12-Month High – What’s Next?

Polar Capital Technology Trust plc (LON:PCTGet Free Report) hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 352 ($4.41) and last traded at GBX 351 ($4.40), with a volume of 375251 shares trading hands. The stock had previously closed at GBX 349 ($4.38).

Polar Capital Technology Trust Stock Performance

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 firm has a 50-day moving average of GBX 330.19 and a 200 day moving average of GBX 1,726.39. The stock has a market capitalization of £4.18 billion, a P/E ratio of 385.71 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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