Polar Capital Technology Trust (LON:PCT) Reaches New 52-Week Low – Should You Sell?

Polar Capital Technology Trust plc (LON:PCTGet Free Report) shares reached a new 52-week low on Monday . The company traded as low as GBX 235.80 ($3.04) and last traded at GBX 237.85 ($3.07), with a volume of 5777668 shares traded. The stock had previously closed at GBX 263.50 ($3.40).

Polar Capital Technology Trust Price Performance

The business has a fifty day simple moving average of GBX 334.71 and a 200 day simple moving average of GBX 333.02. The stock has a market capitalization of £2.86 billion, a P/E ratio of 2.38 and a beta of 0.49. The company has a current ratio of 19.70, a quick ratio of 3.12 and a debt-to-equity ratio of 1.83.

Polar Capital Technology Trust Company Profile

(Get Free Report)

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.

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