Polar Capital Technology Trust (LON:PCT) Share Price Passes Below 200-Day Moving Average of $0.00
Polar Capital Technology Trust plc (LON:PCT) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.00 and traded as low as $1,386.00. Polar Capital Technology Trust shares last traded at $1,432.04, with a volume of 151,271 shares trading hands.
The company has a market capitalization of $1.92 billion and a PE ratio of 10.99. The company has a quick ratio of 1.95, a current ratio of 1.98 and a debt-to-equity ratio of 3.23. The stock’s 50-day simple moving average is GBX 1,401.
In related news, insider Peter Hames sold 3,000 shares of the business’s stock in a transaction on Tuesday, July 23rd. The shares were sold at an average price of GBX 14 ($0.18), for a total value of £420 ($548.80).
Polar Capital Technology Trust plc is an investment trust. The investment objective of the Company is to maximize long-term capital growth through investing in a diversified portfolio of technology companies around the world. The Company’s investment portfolio includes a range of sectors, such as Internet software and services; semiconductors and semiconductor equipment; technology hardware, storage and peripherals; Internet and catalog retail; communications equipment; information technology (IT) services; electronic equipment, instruments and components; healthcare technology; diversified telecommunications services; aerospace and defense; media; healthcare equipment and supplies; household durables; chemicals; electrical equipment; wireless telecommunication services; automobiles, and life sciences tools and services.
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