Polar Capital Technology Trust plc (LON:PCT – Get Free Report)’s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 620.50 and last traded at GBX 619.85, with a volume of 10736858 shares changing hands. The stock had previously closed at GBX 612.
Polar Capital Technology Trust Stock Up 0.8%
The firm has a 50-day simple moving average of GBX 532.36 and a 200 day simple moving average of GBX 493.16. The company has a debt-to-equity ratio of 1.21, a current ratio of 9.59 and a quick ratio of 3.12. The company has a market capitalization of £7.25 billion, a PE ratio of 3.45 and a beta of 0.86.
Insider Activity
In other Polar Capital Technology Trust news, insider Tim Cruttenden bought 982 shares of the company’s stock in a transaction dated Wednesday, March 18th. The shares were acquired at an average cost of GBX 504 per share, with a total value of £4,949.28. Insiders own 0.05% of the company’s stock.
Polar Capital Technology Trust Company Profile
Polar Capital Technology Trust plc (PCT) was launched in 1996 as the successor to TR Technology Trust, the first dedicated London-listed investment trust investing in global technology companies.
PCT is now a FTSE 100 company with a long-established shareholder base consisting of a variety of professional investors and also a large number of individual investors.
The Trust is managed by a team of 12 specialist professionals under lead manager Ben Rogoff. Ben has been the lead manager since 2006, having joined PCT in 2003, and has 25 years’ experience investing in technology stocks.
PCT offers investors a broad exposure to the global technology sector and has a capital growth mandate.
Further Reading
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