Polar Capital Technology Trust (LON:PCT) Sets New 12-Month High – Should You Buy?

Polar Capital Technology Trust plc (LON:PCT)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 381.50 ($4.76) and last traded at GBX 381 ($4.76), with a volume of 2476829 shares changing hands. The stock had previously closed at GBX 373.50 ($4.66).

Polar Capital Technology Trust Stock Performance

The stock has a market capitalization of £4.55 billion, a P/E ratio of 420.33 and a beta of 0.49. The company has a debt-to-equity ratio of 1.27, a current ratio of 2.52 and a quick ratio of 3.12. The company has a 50 day simple moving average of GBX 348.56 and a 200-day simple moving average of GBX 1,265.63.

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

About Polar Capital Technology Trust

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.