Polar Capital Global Financials (LON:PCFT) Sets New 1-Year High – Still a Buy?

Polar Capital Global Financials (LON:PCFTGet Free Report) hit a new 52-week high on Thursday . The stock traded as high as GBX 183.23 ($2.38) and last traded at GBX 181.97 ($2.36), with a volume of 1157744 shares changing hands. The stock had previously closed at GBX 180.20 ($2.34).

Polar Capital Global Financials Price Performance

The company’s fifty day moving average is GBX 176.75 and its two-hundred day moving average is GBX 170.92. The company has a quick ratio of 0.68, a current ratio of 17.44 and a debt-to-equity ratio of 12.23. The firm has a market capitalization of £558.27 million, a price-to-earnings ratio of 496.76 and a beta of 0.98.

About Polar Capital Global Financials

(Get Free Report)

Polar Capital Global Financials Trust plc is a closed-ended equity mutual fund launched and managed by Polar Capital LLP. It invests in the public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the financials sector. It invests in stocks of companies across all market capitalizations.

Further Reading

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