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Polar Capital Technology Trust (LON:PCT) Share Price Passes 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 stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 328.40 ($4.36) and traded as low as GBX 306 ($4.06). Polar Capital Technology Trust shares last traded at GBX 307.50 ($4.08), with a volume of 1,622,803 shares changing hands.

Polar Capital Technology Trust Stock Up 0.3%

The firm's 50-day simple moving average is GBX 292.55 and its 200-day simple moving average is GBX 328.75. The company has a market capitalization of £3.91 billion, a price-to-earnings ratio of 3.25 and a beta of 0.49. The company has a debt-to-equity ratio of 1.83, a quick ratio of 3.12 and a current ratio of 19.70.

About Polar Capital Technology Trust

(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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