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

Polar Capital Global Financials logo with Financial Services background

Key Points

  • Polar Capital Global Financials (LON:PCFT) shares recently traded above their 50-day moving average, indicating potential positive momentum in the stock.
  • The company has a significant market capitalization of £358.20 million and reported a net margin of 91.44% in its latest earnings.
  • As of July 15th, Polar Capital Global Financials announced earnings per share of GBX 3.26, reflecting strong performance within the financial sector.
  • MarketBeat previews the top five stocks to own by November 1st.

Shares of Polar Capital Global Financials (LON:PCFT - Get Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 211.26 ($2.85) and traded as high as GBX 211.50 ($2.85). Polar Capital Global Financials shares last traded at GBX 210.48 ($2.84), with a volume of 255,093 shares.

Polar Capital Global Financials Stock Performance

The firm has a market capitalization of £358.20 million, a PE ratio of 643.68 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 company's fifty day moving average price is GBX 211.26 and its two-hundred day moving average price is GBX 204.68.

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 earnings per share for the quarter. Polar Capital Global Financials had a net margin of 91.44% and a return on equity of 22.02%.

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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