Polar Capital Technology Trust (LON:PCT) Sets New 12-Month Low – Should You Sell?

Polar Capital Technology Trust plc (LON:PCT)’s stock price hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 420 ($5.43) and last traded at GBX 300.89 ($3.89), with a volume of 3628011 shares traded. The stock had previously closed at GBX 307 ($3.97).

Polar Capital Technology Trust Stock Performance

The stock has a 50 day simple moving average of GBX 354.10 and a two-hundred day simple moving average of GBX 584.01. The company has a market cap of £3.63 billion, a PE ratio of 3.02 and a beta of 0.49. The company has a debt-to-equity ratio of 1.83, a current ratio of 19.70 and a quick ratio of 3.12.

Polar Capital Technology Trust (LON:PCT) last announced its quarterly earnings data on Tuesday, December 10th. The company reported GBX (0.34) ($0.00) earnings per share for the quarter. Polar Capital Technology Trust had a net margin of 96.56% and a return on equity of 30.54%.

Polar Capital Technology Trust Company Profile

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.