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Polar Capital Global Financials (LON:PCFT) Hits New 1-Year High - Should You Buy?

Polar Capital Global Financials logo with Financial Services background

Polar Capital Global Financials (LON:PCFT - Get Free Report) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 209.97 ($2.80) and last traded at GBX 209.97 ($2.80), with a volume of 243316 shares traded. The stock had previously closed at GBX 208 ($2.78).

Polar Capital Global Financials Stock Down 0.1%

The firm has a market capitalization of £633.65 million, a price-to-earnings ratio of 5.53 and a beta of 0.98. The company has a current ratio of 17.44, a quick ratio of 0.68 and a debt-to-equity ratio of 12.23. The firm has a fifty day moving average price of GBX 194.02 and a 200 day moving average price of GBX 195.85.

Polar Capital Global Financials (LON:PCFT - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The company reported GBX 5.31 ($0.07) EPS for the quarter. Polar Capital Global Financials had a return on equity of 22.02% and a net margin of 91.44%.

About Polar Capital Global Financials

(Get Free Report)

Polar Capital Global Financials Trust plc is a UK investment trust launched in July 2013, co-managed by Polar Capital's John Yakas, Nick Brind and George Barrow. The Trust was initially launched with a fixed term life but in April 2020 moved to 5-yearly tender offers with no fixed end of life. The first of the regular tender offers will be on or before 30 June 2025. PCFT aims to select the best investment opportunities from the world of financials.

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