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Polar Capital (LON:POLR) Stock Passes Below Two Hundred Day Moving Average - Here's What Happened

Polar Capital logo with Finance background

Polar Capital Holdings plc (LON:POLR - Get Free Report)'s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 462.25 ($6.22) and traded as low as GBX 415 ($5.58). Polar Capital shares last traded at GBX 425 ($5.72), with a volume of 194,039 shares traded.

Polar Capital Trading Down 0.2%

The company's 50 day moving average is GBX 398.13 and its 200 day moving average is GBX 461.40. The stock has a market capitalization of £405.27 million, a price-to-earnings ratio of 9.88, a price-to-earnings-growth ratio of 0.79 and a beta of 1.14.

Insider Buying and Selling

In other news, insider Win Robbins sold 10,000 shares of Polar Capital stock in a transaction dated Tuesday, April 8th. The shares were sold at an average price of GBX 363 ($4.88), for a total value of £36,300 ($48,842.84). 14.96% of the stock is owned by company insiders.

About Polar Capital

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