Polar Capital Global Financials (LON:PCFT) Reaches New 1-Year High – Here’s What Happened

Polar Capital Global Financials (LON:PCFT)’s share price hit a new 52-week high during trading on Thursday . The stock traded as high as GBX 201.98 ($2.47) and last traded at GBX 200 ($2.45), with a volume of 108148 shares. The stock had previously closed at GBX 198.60 ($2.43).

Polar Capital Global Financials Trading Up 1.2 %

The company has a quick ratio of 0.68, a current ratio of 17.44 and a debt-to-equity ratio of 12.23. The firm’s 50-day simple moving average is GBX 192.49 and its 200 day simple moving average is GBX 181.02. The stock has a market capitalization of £610.67 million, a P/E ratio of 543.38 and a beta of 0.98.

Polar Capital Global Financials Company Profile

Polar Capital Global Financials Trust plc is a UK investment trust launched in July 2013, co-managed by Polar Capital’s John Yakas, Nick Brind and George Barrow. The Trust was initially launched with a fixed term life but in April 2020 moved to 5-yearly tender offers with no fixed end of life. The first of the regular tender offers will be on or before 30 June 2025.

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