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Polar Capital Global Financials (LON:PCFT) Announces Quarterly Earnings Results

Polar Capital Global Financials logo with Financial Services background

Polar Capital Global Financials (LON:PCFT - Get Free Report) issued its earnings results on Tuesday. The company reported GBX 3.26 ($0.04) earnings per share for the quarter, Digital Look Earnings reports. Polar Capital Global Financials had a net margin of 91.44% and a return on equity of 22.02%.

Polar Capital Global Financials Price Performance

Polar Capital Global Financials stock traded up GBX 1 ($0.01) during mid-day trading on Wednesday, reaching GBX 210.50 ($2.82). The company had a trading volume of 321,023 shares, compared to its average volume of 1,723,336. Polar Capital Global Financials has a fifty-two week low of GBX 161.40 ($2.17) and a fifty-two week high of GBX 214 ($2.87). 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 company has a market cap of £641.82 million, a P/E ratio of 5.60 and a beta of 0.98. The business has a fifty day simple moving average of GBX 206.62 and a 200 day simple moving average of GBX 200.17.

Polar Capital Global Financials Company Profile

(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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