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Polar Capital Global Financials (LON:PCFT) Reaches New 1-Year High - Here's What Happened

Polar Capital Global Financials logo with Financial Services background

Polar Capital Global Financials (LON:PCFT - Get Free Report)'s share price hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 213.50 ($2.87) and last traded at GBX 213.01 ($2.86), with a volume of 11969 shares traded. The stock had previously closed at GBX 211.50 ($2.84).

Polar Capital Global Financials Stock Performance

The company has a market cap of £641.82 million, a PE ratio of 5.60 and a beta of 0.98. The company has a debt-to-equity ratio of 12.23, a quick ratio of 0.68 and a current ratio of 17.44. The stock's 50-day simple moving average is GBX 206.62 and its 200 day simple moving average is GBX 200.17.

Polar Capital Global Financials (LON:PCFT - Get Free Report) last announced its quarterly earnings data on Tuesday, July 15th. The company reported GBX 3.26 ($0.04) EPS for the quarter. Polar Capital Global Financials had a net margin of 91.44% and a return on equity of 22.02%.

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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