Polar Capital Technology Trust (LON:PCT) Sets New 12-Month High – Time to Buy?

Shares of Polar Capital Technology Trust plc (LON:PCTGet Free Report) hit a new 52-week high on Monday . The stock traded as high as GBX 459.99 ($6.13) and last traded at GBX 458.93 ($6.11), with a volume of 2868184 shares. The stock had previously closed at GBX 450 ($5.99).

Polar Capital Technology Trust Stock Performance

The company has a market capitalization of £5.22 billion, a PE ratio of 45.89 and a beta of 0.49. The company has a 50 day moving average of GBX 422.60 and a two-hundred day moving average of GBX 370.53. The company has a debt-to-equity ratio of 1.83, a current ratio of 19.70 and a quick ratio of 3.12.

Polar Capital Technology Trust Company Profile

(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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