Polar Capital Technology Trust (LON:PCT) Shares Pass Above 200-Day Moving Average of $1,921.07

Polar Capital Technology Trust plc (LON:PCT – Get Rating)’s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 1,921.07 ($23.89) and traded as high as GBX 2,210 ($27.49). Polar Capital Technology Trust shares last traded at GBX 2,195 ($27.30), with a volume of 202,585 shares traded.

Polar Capital Technology Trust Stock Performance

The stock has a market cap of £2.78 billion, a price-to-earnings ratio of -320.44 and a beta of 0.59. The company has a debt-to-equity ratio of 1.97, a quick ratio of 3.12 and a current ratio of 14.41. The stock’s 50-day simple moving average is GBX 1,990.29 and its two-hundred day simple moving average is GBX 1,921.07.

About Polar Capital Technology Trust

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Polar Capital Technology Trust plc is a closed ended equity mutual fund launched and managed by Polar Capital LLP. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the technology sector and other sectors which use technology like information, media, communications, environment, computing, healthcare, and renewable energy.