Polar Capital Technology Trust (LON:PCT) Shares Cross Below 200 Day Moving Average – Should You Sell?

Shares of Polar Capital Technology Trust plc (LON:PCT) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,062.47 ($13.18) and traded as low as GBX 369 ($4.58). Polar Capital Technology Trust shares last traded at GBX 374 ($4.64), with a volume of 1,380,789 shares changing hands.

Polar Capital Technology Trust Stock Down 1.1 %

The company has a quick ratio of 3.12, a current ratio of 2.52 and a debt-to-equity ratio of 1.27. The stock has a market cap of £4.40 billion, a P/E ratio of 406.59 and a beta of 0.49. The company has a 50-day simple moving average of GBX 355.77 and a two-hundred day simple moving average of GBX 1,052.88.

Polar Capital Technology Trust (LON:PCT) last announced its earnings results on Tuesday, December 10th. The company reported GBX (0.34) ($0.00) EPS for the quarter. Polar Capital Technology Trust had a net margin of 97.18% and a return on equity of 33.63%.

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.