Polar Capital Technology Trust (LON:PCT) Stock Crosses Above Fifty Day Moving Average of $1,379.32

Polar Capital Technology Trust plc (LON:PCT) shares passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $1,379.32 and traded as high as $1,456.00. Polar Capital Technology Trust shares last traded at $1,386.00, with a volume of 297,502 shares trading hands.

The stock’s fifty day simple moving average is GBX 1,387. The company has a debt-to-equity ratio of 3.23, a current ratio of 1.98 and a quick ratio of 1.95. The firm has a market cap of $1.85 billion and a P/E ratio of 10.71.

In other Polar Capital Technology Trust news, insider Peter Hames sold 3,000 shares of the business’s stock in a transaction on Tuesday, July 23rd. The stock was sold at an average price of GBX 14 ($0.18), for a total value of £420 ($548.80).

About Polar Capital Technology Trust (LON:PCT)

Polar Capital Technology Trust plc is an investment trust. The investment objective of the Company is to maximize long-term capital growth through investing in a diversified portfolio of technology companies around the world. The Company’s investment portfolio includes a range of sectors, such as Internet software and services; semiconductors and semiconductor equipment; technology hardware, storage and peripherals; Internet and catalog retail; communications equipment; information technology (IT) services; electronic equipment, instruments and components; healthcare technology; diversified telecommunications services; aerospace and defense; media; healthcare equipment and supplies; household durables; chemicals; electrical equipment; wireless telecommunication services; automobiles, and life sciences tools and services.

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