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Polar Capital (LON:POLR) Shares Pass Below Two Hundred Day Moving Average - Time to Sell?

Polar Capital logo with Finance background

Polar Capital Holdings plc (LON:POLR - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 452.42 ($6.13) and traded as low as GBX 435.43 ($5.90). Polar Capital shares last traded at GBX 439.50 ($5.95), with a volume of 213,712 shares trading hands.

Polar Capital Stock Performance

The company has a market capitalization of £428.69 million, a PE ratio of 10.45, a price-to-earnings-growth ratio of 0.79 and a beta of 1.14. The company's fifty day moving average is GBX 412.18 and its 200-day moving average is GBX 449.75.

Insiders Place Their Bets

In related news, insider Win Robbins sold 10,000 shares of Polar Capital stock in a transaction that occurred on Tuesday, April 8th. The stock was sold at an average price of GBX 363 ($4.91), for a total transaction of £36,300 ($49,147.03). Company insiders own 14.96% of the company's stock.

About Polar Capital

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