Polar Capital Technology Trust (LON:PCT) Stock Passes Above 200-Day Moving Average of $2,078.84

Polar Capital Technology Trust plc (LON:PCTGet Rating)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 2,078.84 ($25.47) and traded as high as GBX 2,187.20 ($26.80). Polar Capital Technology Trust shares last traded at GBX 2,165 ($26.53), with a volume of 160,992 shares.

Polar Capital Technology Trust Stock Performance

The company has a current ratio of 3.20, a quick ratio of 3.14 and a debt-to-equity ratio of 1.71. The stock has a market cap of £2.83 billion and a P/E ratio of 366.95. The company’s 50-day simple moving average is GBX 1,955.06 and its 200 day simple moving average is GBX 2,078.84.

Insider Transactions at Polar Capital Technology Trust

In related news, insider Jane Pearce bought 362 shares of the business’s stock in a transaction that occurred on Friday, July 29th. The stock was bought at an average cost of GBX 2,108 ($25.83) per share, with a total value of £7,630.96 ($9,350.52).

About Polar Capital Technology Trust

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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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