Pollen Street Group (LON:POLN) Reaches New 52-Week High - Time to Buy?

Key Points

• Pollen Street Group's stock reached a new 52-week high, trading at GBX 904.80 ($12.25) before closing at GBX 902 ($12.21).
• The firm possesses a market capitalization of £544.10 million and a very high P/E ratio of 1,147.21.
• Pollen Street Group is an alternative asset manager focusing on financial and business services, founded in 2013.

Pollen Street Group Limited (LON:POLN - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 904.80 ($12.31) and last traded at GBX 902 ($12.27), with a volume of 86722 shares trading hands. The stock had previously closed at GBX 890 ($12.11).

Pollen Street Group Price Performance

The stock has a 50-day simple moving average of GBX 837.79 and a 200-day simple moving average of GBX 780.20. The stock has a market cap of £542.90 million, a P/E ratio of 1,144.67 and a beta of 0.22.

Pollen Street Group (LON:POLN - Get Free Report) last released its quarterly earnings results on Tuesday, September 16th. The company reported GBX 46 earnings per share for the quarter. Pollen Street Group had a return on equity of 7.94% and a net margin of 70.52%. As a group, sell-side analysts forecast that Pollen Street Group Limited will post 70.0302725 earnings per share for the current year.

About Pollen Street Group

Pollen Street was founded in 2013. It is a listed alternative asset manager dedicated to the financial and business services sectors. Pollen Street has complementary activities in managing third-party assets (as an asset manager) and on-balance sheet investments (as an investment company), delivering growth through dedicated private equity and credit strategies.