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

Shares of Polar Capital Technology Trust plc (LON:PCT) reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 381.50 ($4.70) and last traded at GBX 381 ($4.70), with a volume of 2476829 shares changing hands. The stock had previously closed at GBX 373.50 ($4.60).

Polar Capital Technology Trust Trading Up 2.0 %

The company has a debt-to-equity ratio of 1.27, a quick ratio of 3.12 and a current ratio of 2.52. The business has a fifty day simple moving average of GBX 346.85 and a 200 day simple moving average of GBX 1,292.94. The stock has a market cap of £4.53 billion, a price-to-earnings ratio of 418.68 and a beta of 0.49.

Polar Capital Technology Trust (LON:PCT) last released its earnings results on Tuesday, December 10th. The company reported GBX (0.34) ($0.00) EPS for the quarter. Polar Capital Technology Trust had a return on equity of 33.63% and a net margin of 97.18%.

Polar Capital Technology Trust Company Profile

Technology: Invest for today and shape the future

The modern world is built on technology – an ever-advancing megatrend transforming to our lives today and shaping our future. Polar Capital Technology Trust plc provides investors access to this enormous, fast-evolving potential.

As one of the largest, most experienced technology investment trusts in Europe, we have deep experience in identifying trends early.