Polar Capital (LON:POLR) Stock Price Passes Below 200 Day Moving Average of $487.20

Polar Capital Holdings plc (LON:POLR) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 487.20 ($6.10) and traded as low as GBX 477 ($5.97). Polar Capital shares last traded at GBX 481.50 ($6.03), with a volume of 60,152 shares.

Polar Capital Trading Up 0.9 %

The company has a debt-to-equity ratio of 1.60, a current ratio of 2.42 and a quick ratio of 2.45. The firm’s 50 day moving average price is GBX 474.73 and its 200-day moving average price is GBX 487.20. The stock has a market cap of £487.28 million, a P/E ratio of 1,337.50, a P/E/G ratio of 0.79 and a beta of 1.25.

Polar Capital Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, July 28th. Stockholders of record on Thursday, July 6th were issued a dividend of GBX 32 ($0.40) per share. This represents a dividend yield of 6.47%. This is a boost from Polar Capital’s previous dividend of $14.00. The ex-dividend date was Thursday, July 6th. Polar Capital’s payout ratio is presently 12,777.78%.

Insider Buying and Selling at Polar Capital

In related news, insider Gavin Rochussen sold 63,111 shares of Polar Capital stock in a transaction dated Wednesday, July 12th. The shares were sold at an average price of GBX 456 ($5.71), for a total transaction of £287,786.16 ($360,137.86). Over the last ninety days, insiders sold 148,243 shares of company stock valued at $68,450,128. Insiders own 23.86% of the company’s stock.

Polar Capital Company Profile