Polar Capital Global Financials (LON:PCFT) Sets New 12-Month High – What’s Next?

Posted by Amy Steele on Jan 24th, 2025

Polar Capital Global Financials (LON:PCFT – Get Free Report)’s share price hit a new 52-week high on Wednesday . The stock traded as high as GBX 204.50 ($2.53) and last traded at GBX 204 ($2.52), with a volume of 24744 shares trading hands. The stock had previously closed at GBX 201.50 ($2.49).

Polar Capital Global Financials Stock Up 0.1 %

The company has a market cap of £614.46 million, a price-to-earnings ratio of 546.75 and a beta of 0.98. The business has a fifty day moving average of GBX 194.08 and a two-hundred day moving average of GBX 182.43. The company has a current ratio of 17.44, a quick ratio of 0.68 and a debt-to-equity ratio of 12.23.

About Polar Capital Global Financials

(Get Free Report)

Polar Capital Global Financials Trust plc is a UK investment trust launched in July 2013, co-managed by Polar Capital’s John Yakas, Nick Brind and George Barrow. The Trust was initially launched with a fixed term life but in April 2020 moved to 5-yearly tender offers with no fixed end of life. The first of the regular tender offers will be on or before 30 June 2025.

PCFT aims to select the best investment opportunities from the world of financials.