Polar Capital (LON:POLR) Share Price Crosses Below 200 Day Moving Average – Time to Sell?

Polar Capital Holdings plc (LON:POLRGet Free Report) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 533.05 ($6.62) and traded as low as GBX 504.41 ($6.27). Polar Capital shares last traded at GBX 509 ($6.32), with a volume of 75,314 shares.

Polar Capital Stock Performance

The stock has a fifty day moving average of GBX 515.48 and a two-hundred day moving average of GBX 532.89. The company has a market capitalization of £483.09 million, a PE ratio of 1,211.90, a PEG ratio of 0.79 and a beta of 1.14. The company has a current ratio of 2.61, a quick ratio of 2.45 and a debt-to-equity ratio of 5.52.

Polar Capital Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, January 10th. Investors of record on Thursday, December 12th will be issued a dividend of GBX 14 ($0.17) per share. The ex-dividend date of this dividend is Thursday, December 12th. This represents a yield of 2.73%. Polar Capital’s dividend payout ratio is presently 10,952.38%.

About Polar Capital

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