Polar Capital Technology Trust (LON:PCT) Sets New 1-Year High – Here’s Why

Shares of Polar Capital Technology Trust plc (LON:PCTGet Free Report) reached a new 52-week high on Wednesday . The company traded as high as GBX 365 ($4.55) and last traded at GBX 358.50 ($4.47), with a volume of 1481313 shares changing hands. The stock had previously closed at GBX 363 ($4.53).

Polar Capital Technology Trust Price Performance

The firm has a 50-day simple moving average of GBX 338.77 and a 200-day simple moving average of GBX 1,501.64. The firm has a market capitalization of £4.26 billion, a PE ratio of 393.41 and a beta of 0.49. The company has a debt-to-equity ratio of 1.27, a current ratio of 2.52 and a quick ratio of 3.12.

About Polar Capital Technology Trust

(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.

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