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Polar Capital Global Financials (LON:PCFT) Share Price Passes Above Fifty Day Moving Average - Should You Sell?

Polar Capital Global Financials logo with Financial Services background

Polar Capital Global Financials (LON:PCFT - Get Free Report)'s stock price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 199.81 ($2.68) and traded as high as GBX 203.50 ($2.73). Polar Capital Global Financials shares last traded at GBX 200 ($2.68), with a volume of 260,070 shares changing hands.

Polar Capital Global Financials Stock Performance

The company has a quick ratio of 0.68, a current ratio of 17.44 and a debt-to-equity ratio of 12.23. The stock has a market capitalization of £615.91 million, a P/E ratio of 5.38 and a beta of 0.98. The business has a fifty day moving average price of GBX 199.81 and a 200-day moving average price of GBX 198.13.

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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