Polar Capital Global Financials (LON:PCFT) Releases Earnings Results

Polar Capital Global Financials (LON:PCFTGet Free Report) released its quarterly earnings data on Friday. The company reported GBX 5.60 earnings per share for the quarter, Digital Look Earnings reports. Polar Capital Global Financials had a net margin of 91.44% and a return on equity of 22.02%.

Polar Capital Global Financials Stock Performance

PCFT opened at GBX 234 on Friday. The company has a current ratio of 17.44, a quick ratio of 0.68 and a debt-to-equity ratio of 12.23. The business’s 50 day moving average is GBX 232.99 and its 200-day moving average is GBX 219.61. The stock has a market cap of £380.73 million, a PE ratio of 7.16 and a beta of 0.98. Polar Capital Global Financials has a twelve month low of GBX 169.94 and a twelve month high of GBX 240.50.

Polar Capital Global Financials Company Profile

(Get Free Report)

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.

PCFT aims to select the best investment opportunities from the world of financials. The investment team scours the globe and actively invests in developed regions such as the US as well as emerging economies and Asia.

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