Polar Capital Technology Trust (LON:PCT) Sets New 52-Week Low – What’s Next?

Polar Capital Technology Trust plc (LON:PCTGet Free Report) hit a new 52-week low on Tuesday . The company traded as low as GBX 424 ($5.39) and last traded at GBX 316 ($4.02), with a volume of 6180207 shares. The stock had previously closed at GBX 336 ($4.27).

Polar Capital Technology Trust Stock Performance

The company has a market cap of £3.73 billion, a P/E ratio of 3.10 and a beta of 0.49. The stock has a 50 day moving average price of GBX 361.39 and a two-hundred day moving average price of GBX 725.50. The company has a quick ratio of 3.12, a current ratio of 19.70 and a debt-to-equity ratio of 1.83.

Polar Capital Technology Trust (LON:PCTGet Free Report) last posted 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 return on equity of 30.54% and a net margin of 96.56%.

About Polar Capital Technology Trust

(Get Free Report)

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.

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