Polar Capital Technology Trust (LON:PCT) Stock Price Crosses Below 200 Day Moving Average – Time to Sell?

Polar Capital Technology Trust plc (LON:PCTGet Free Report) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 331.19 ($4.38) and traded as low as GBX 279 ($3.69). Polar Capital Technology Trust shares last traded at GBX 279 ($3.69), with a volume of 2,628,689 shares trading hands.

Polar Capital Technology Trust Stock Down 0.7 %

The firm’s fifty day moving average price is GBX 317.42 and its 200-day moving average price is GBX 331.03. The company has a market capitalization of £3.27 billion, a price-to-earnings ratio of 2.72 and a beta of 0.49. The company has a debt-to-equity ratio of 1.83, a current ratio of 19.70 and a quick ratio of 3.12.

About Polar Capital Technology Trust

(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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