Polar Capital Global Financials (LON:PCFT) Stock Price Crosses Above 50 Day Moving Average – Should You Sell?

Polar Capital Global Financials (LON:PCFT)’s stock price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 211.53 and traded as high as GBX 213.01. Polar Capital Global Financials shares last traded at GBX 211.98, with a volume of 300,263 shares.

Polar Capital Global Financials Price Performance

The company has a market capitalization of £348.89 million, a PE ratio of 6.47 and a beta of 0.98. The company has a quick ratio of 0.68, a current ratio of 17.44 and a debt-to-equity ratio of 12.23. The firm’s 50-day moving average is GBX 211.53 and its 200-day moving average is GBX 209.65.

About Polar Capital Global Financials

Polar Capital Global Financials Trust plc is a UK investment trust launched in July 2013, co-managed by Polar Capital’s John Yakas, Nick Brind and George Barrow. The Trust was initially launched with a fixed term life but in April 2020 moved to 5-yearly tender offers with no fixed end of life. The first of the regular tender offers will be on or before 30 June 2025.

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