Free Trial

Polar Capital Technology Trust (LON:PCT) Stock Passes Below 200 Day Moving Average - Here's Why

Polar Capital Technology Trust logo with Financial Services background

Shares of Polar Capital Technology Trust plc (LON:PCT - Get Free Report) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 329.16 ($4.40) and traded as low as GBX 322 ($4.30). Polar Capital Technology Trust shares last traded at GBX 327 ($4.37), with a volume of 2,592,122 shares traded.

Polar Capital Technology Trust Trading Up 0.3%

The stock has a 50-day simple moving average of GBX 294.03 and a 200 day simple moving average of GBX 329.16. The company has a current ratio of 19.70, a quick ratio of 3.12 and a debt-to-equity ratio of 1.83. The company has a market cap of £3.87 billion, a price-to-earnings ratio of 3.22 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.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Polar Capital Technology Trust Right Now?

Before you consider Polar Capital Technology Trust, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Polar Capital Technology Trust wasn't on the list.

While Polar Capital Technology Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

5G Stocks: The Path Forward is Profitable Cover

Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

This $13 Trillion Energy Breakthrough Will Make Millionaires
Magnificent 7 Stocks Shift Toward Stability and Selective Growth
4 Biotech Stocks on the Verge of Massive Breakthroughs

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines