Polar Capital Technology Trust (LON:PCT) Share Price Crosses Below 200 Day Moving Average – What’s Next?

Polar Capital Technology Trust plc (LON:PCTGet Free Report)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2,513.91 ($32.64) and traded as low as GBX 308.08 ($4.00). Polar Capital Technology Trust shares last traded at GBX 311.49 ($4.04), with a volume of 5,074,227 shares changing hands.

Polar Capital Technology Trust Trading Down 0.2 %

The company’s fifty day simple moving average is GBX 1,418.91 and its two-hundred day simple moving average is GBX 2,513.91. The company has a market capitalization of £3.72 billion, a price-to-earnings ratio of 342.29 and a beta of 0.49. The company has a quick ratio of 3.12, a current ratio of 2.52 and a debt-to-equity ratio of 1.27.

About Polar Capital Technology Trust

(Get Free Report)

Polar Capital Technology Trust plc is a closed ended equity mutual fund launched and managed by Polar Capital LLP. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the technology sector and other sectors which use technology like information, media, communications, environment, computing, healthcare, and renewable energy.

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