Polar Capital (LON:POLR) Stock Price Passes Below 200 Day Moving Average – Here’s What Happened

Posted by Tristan Rich on Jan 29th, 2025

Shares of Polar Capital Holdings plc (LON:POLR – Get Free Report) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 525.79 ($6.54) and traded as low as GBX 489 ($6.08). Polar Capital shares last traded at GBX 490.50 ($6.10), with a volume of 105,817 shares traded.

Polar Capital Trading Down 0.2 %

The firm has a market capitalization of £464.80 million, a price-to-earnings ratio of 1,166.01, a price-to-earnings-growth ratio of 0.79 and a beta of 1.14. The business’s fifty day moving average is GBX 516.06 and its 200 day moving average is GBX 525.79. The company has a quick ratio of 2.45, a current ratio of 2.61 and a debt-to-equity ratio of 5.52.

Polar Capital (LON:POLR – Get Free Report) last released its quarterly earnings results on Monday, November 18th. The company reported GBX 24.80 ($0.31) earnings per share (EPS) for the quarter. Polar Capital had a return on equity of 29.27% and a net margin of 20.68%. Equities analysts predict that Polar Capital Holdings plc will post 42.5061425 earnings per share for the current year.

Polar Capital Cuts Dividend

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