Polar Capital Technology Trust plc (LON:PCT – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 550 and last traded at GBX 547.50, with a volume of 31330539 shares trading hands. The stock had previously closed at GBX 512.
Polar Capital Technology Trust Stock Up 0.8%
The company has a debt-to-equity ratio of 1.21, a current ratio of 9.59 and a quick ratio of 3.12. The stock has a market capitalization of £6.07 billion, a P/E ratio of 2.89 and a beta of 0.83. The firm has a 50 day moving average of GBX 500.71 and a 200-day moving average of GBX 474.62.
Insider Transactions at Polar Capital Technology Trust
In other news, insider Tim Cruttenden purchased 982 shares of the stock in a transaction that occurred on Wednesday, March 18th. The shares were purchased at an average cost of GBX 504 per share, for a total transaction of £4,949.28. 0.05% of the stock is owned by corporate insiders.
Polar Capital Technology Trust Company Profile
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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