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Polar Capital (LON:POLR) Shares Pass Below 200-Day Moving Average - Here's Why

Polar Capital logo with Finance background

Polar Capital Holdings plc (LON:POLR - Get Free Report)'s share price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 465.48 ($6.22) and traded as low as GBX 403.50 ($5.39). Polar Capital shares last traded at GBX 411.50 ($5.50), with a volume of 182,186 shares traded.

Polar Capital Trading Down 0.5%

The stock's 50 day moving average is GBX 400.51 and its 200-day moving average is GBX 465.48. The company has a market cap of £391.41 million, a P/E ratio of 9.55, a PEG ratio of 0.79 and a beta of 1.14.

Insiders Place Their Bets

In related news, insider Win Robbins sold 10,000 shares of Polar Capital stock in a transaction dated Tuesday, April 8th. The stock was sold at an average price of GBX 363 ($4.85), for a total value of £36,300 ($48,484.04). Corporate insiders own 14.96% of the company's stock.

Polar Capital Company Profile

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