Polar Capital Technology Trust (LON:PCT) Sets New 1-Year High – Time to Buy?

Polar Capital Technology Trust plc (LON:PCTGet Free Report)’s stock price reached a new 52-week high on Thursday . The stock traded as high as GBX 354.50 ($4.44) and last traded at GBX 354.50 ($4.44), with a volume of 1091561 shares traded. The stock had previously closed at GBX 348.50 ($4.36).

Polar Capital Technology Trust Stock Up 1.7 %

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 business’s 50-day moving average is GBX 335.27 and its two-hundred day moving average is GBX 1,586.41. The stock has a market capitalization of £4.22 billion, a price-to-earnings ratio of 389.56 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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