Polar Capital Global Financials (LON:PCFT) Stock Passes Below Fifty Day Moving Average – Should You Sell?

Polar Capital Global Financials (LON:PCFTGet Free Report)’s stock price crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 188.97 ($2.37) and traded as low as GBX 188.58 ($2.36). Polar Capital Global Financials shares last traded at GBX 189.20 ($2.37), with a volume of 136,927 shares traded.

Polar Capital Global Financials Stock Performance

The company has a market capitalization of £575.89 million, a price-to-earnings ratio of 512.43 and a beta of 0.98. The stock has a fifty day moving average price of GBX 189.37 and a two-hundred day moving average price of GBX 178.32. The company has a quick ratio of 0.68, a current ratio of 17.44 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 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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