Shares of Polar Capital Technology Trust plc (LON:PCT – Get Free Report) hit a new 52-week high on Wednesday . The stock traded as high as GBX 550 and last traded at GBX 547.50, with a volume of 31330539 shares. The stock had previously closed at GBX 512.
Polar Capital Technology Trust Stock Performance
The company has a current ratio of 9.59, a quick ratio of 3.12 and a debt-to-equity ratio of 1.21. The firm has a 50-day simple moving average of GBX 499.03 and a two-hundred day simple moving average of GBX 473.70. The company has a market capitalization of £6.07 billion, a price-to-earnings ratio of 2.89 and a beta of 0.59.
Insiders Place Their Bets
In other news, insider Tim Cruttenden bought 982 shares of the company’s stock in a transaction on Wednesday, March 18th. The shares were bought at an average cost of GBX 504 per share, with a total value of £4,949.28. 0.05% of the stock is currently owned by insiders.
About Polar Capital Technology Trust
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.
Featured Stories
Receive News & Ratings for Polar Capital Technology Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Polar Capital Technology Trust and related companies with MarketBeat.com's FREE daily email newsletter.
