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Polar Capital Technology Trust (LON:PCT) Shares Cross Below 200 Day Moving Average - Here's What Happened

Polar Capital Technology Trust logo with Financial Services background

Polar Capital Technology Trust plc (LON:PCT - Get Free Report)'s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 329.35 ($4.43) and traded as low as GBX 323 ($4.35). Polar Capital Technology Trust shares last traded at GBX 326.50 ($4.39), with a volume of 1,816,485 shares changing hands.

Polar Capital Technology Trust Stock Down 1.7%

The firm has a 50 day simple moving average of GBX 297.14 and a two-hundred day simple moving average of GBX 329.19. The company has a debt-to-equity ratio of 1.83, a quick ratio of 3.12 and a current ratio of 19.70. The stock has a market cap of £3.85 billion, a P/E ratio of 3.21 and a beta of 0.49.

Polar Capital Technology Trust Company Profile

(Get Free Report)

Technology: Invest for today and shape the future The modern world is built on technology – an ever-advancing megatrend transforming to our lives today and shaping our future. Polar Capital Technology Trust plc provides investors access to this enormous, fast-evolving potential. As one of the largest, most experienced technology investment trusts in Europe, we have deep experience in identifying trends early.

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