Pollen Street Group (LON:POLN) Sets New 12-Month High - Still a 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 - )'s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 904.80 ($12.25) and last traded at GBX 902 ($12.21), with a volume of 86722 shares traded. The stock had previously closed at GBX 890 ($12.05).

Pollen Street Group Trading Up 0.2%

The firm has a market capitalization of £544.10 million, a P/E ratio of 1,147.21 and a beta of 0.22. The stock has a 50 day simple moving average of GBX 831.87 and a 200-day simple moving average of GBX 776.50.

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.

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