Polar Capital Technology Trust (LON:PCT) Hits New 1-Year High – Should You Buy?

Polar Capital Technology Trust plc (LON:PCTGet Free Report)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 642 and last traded at GBX 497, with a volume of 3142556 shares traded. The stock had previously closed at GBX 496.

Polar Capital Technology Trust Stock Up 0.2%

The company has a quick ratio of 3.12, a current ratio of 19.70 and a debt-to-equity ratio of 1.83. The firm has a 50 day moving average of GBX 475.90 and a two-hundred day moving average of GBX 445.77. The firm has a market capitalization of £5.55 billion, a price-to-earnings ratio of 2.64 and a beta of 0.49.

Polar Capital Technology Trust (LON:PCTGet Free Report) last posted its earnings results on Wednesday, December 10th. The company reported GBX (0.37) EPS 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)

As artificial intelligence continues to rapidly advance, so does its impact and vast market potential.

Polar Capital Technology Trust (PCT) is a FTSE 100 company managed by one of the largest, most experienced technology investment teams in Europe. We take a conservative approach to investing in this high growth sector and leverage our expertise to navigate AI’s early adoption cycle, embracing the opportunities afforded through widespread AI disruption.

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