Polar Capital Global Financials (LON:PCFT) Shares Pass Above 50 Day Moving Average – Here’s Why

Polar Capital Global Financials (LON:PCFT)’s stock price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 187.63 ($2.37) and traded as high as GBX 195.75 ($2.47). Polar Capital Global Financials shares last traded at GBX 194 ($2.45), with a volume of 892,216 shares.

Polar Capital Global Financials Stock Down 0.2 %

The business’s 50 day moving average price is GBX 187.63 and its 200 day moving average price is GBX 177.15. The company has a debt-to-equity ratio of 12.23, a current ratio of 17.44 and a quick ratio of 0.68. The firm has a market cap of £589.26 million, a PE ratio of 524.32 and a beta of 0.98.

Polar Capital Global Financials Company Profile

Polar Capital Global Financials Trust plc is a closed-ended equity mutual fund launched and managed by Polar Capital LLP. It invests in the public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the financials sector. It invests in stocks of companies across all market capitalizations.