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Polar Capital Global Financials (LON:PCFT) Stock Crosses Above 50 Day Moving Average - Time to Sell?

Polar Capital Global Financials logo with Financial Services background

Polar Capital Global Financials (LON:PCFT - Get Free Report) shares crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 196.37 ($2.67) and traded as high as GBX 209 ($2.84). Polar Capital Global Financials shares last traded at GBX 209 ($2.84), with a volume of 232,856 shares trading hands.

Polar Capital Global Financials Stock Up 1.2%

The firm has a market capitalization of £640.30 million, a price-to-earnings ratio of 5.59 and a beta of 0.98. The business has a 50 day moving average of GBX 196.57 and a 200 day moving average of GBX 197.38. The company has a debt-to-equity ratio of 12.23, a current ratio of 17.44 and a quick ratio of 0.68.

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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