Polar Capital Global Financials (LON:PCFT) Hits New 12-Month High – What’s Next?

Polar Capital Global Financials (LON:PCFT) hit a new 52-week high during trading on Thursday . The stock traded as high as GBX 216.50 and last traded at GBX 216, with a volume of 738570 shares traded. The stock had previously closed at GBX 215.

Polar Capital Global Financials Stock Up 0.5%

The company has a market capitalization of £356.14 million, a PE ratio of 6.61 and a beta of 0.98. The firm’s 50-day simple moving average is GBX 209.97 and its 200 day simple moving average is GBX 208.02. The company has a debt-to-equity ratio of 12.23, a quick ratio of 0.68 and a current ratio of 17.44.

Polar Capital Global Financials Company Profile

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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