Polar Capital (LON:POLR) Shares Cross Below 200 Day Moving Average – Time to Sell?

Polar Capital Holdings plc (LON:POLRGet Free Report)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 530.89 ($6.48) and traded as low as GBX 480.50 ($5.87). Polar Capital shares last traded at GBX 492.75 ($6.02), with a volume of 238,918 shares changing hands.

Polar Capital Stock Up 0.7 %

The company has a debt-to-equity ratio of 5.52, a quick ratio of 2.45 and a current ratio of 2.61. The company has a market capitalization of £467.67 million, a PE ratio of 1,173.21, a price-to-earnings-growth ratio of 0.79 and a beta of 1.14. The firm’s 50-day simple moving average is GBX 516.65 and its 200 day simple moving average is GBX 530.89.

Polar Capital Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, January 10th. Shareholders of record on Thursday, December 12th were given a dividend of GBX 14 ($0.17) per share. The ex-dividend date was Thursday, December 12th. This represents a yield of 2.73%. Polar Capital’s payout ratio is currently 10,952.38%.

Polar Capital Company Profile

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