Polar Capital Technology Trust (LON:PCT) Share Price Passes Above Two Hundred Day Moving Average – Time to Sell?

Shares of Polar Capital Technology Trust plc (LON:PCTGet Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 403.33 and traded as high as GBX 461.50. Polar Capital Technology Trust shares last traded at GBX 459, with a volume of 2,835,940 shares changing hands.

Polar Capital Technology Trust Trading Down 0.1%

The company has a current ratio of 19.70, a quick ratio of 3.12 and a debt-to-equity ratio of 1.83. The firm has a 50-day moving average price of GBX 451.50 and a 200-day moving average price of GBX 403.33. The company has a market capitalization of £5.19 billion, a price-to-earnings ratio of 46.04 and a beta of 0.49.

Polar Capital Technology Trust Company Profile

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As artificial intelligence continues to rapidly advance, so does its impact and vast market potential.

Polar Capital Technology Trust (PCT) is a FTSE 100 company managed by one of the largest, most experienced technology investment teams in Europe. We take a conservative approach to investing in this high growth sector and leverage our expertise to navigate AI’s early adoption cycle, embracing the opportunities afforded through widespread AI disruption.

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