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

Polar Capital Technology Trust plc (LON:PCTGet Free Report) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 570.72 and traded as high as GBX 670. Polar Capital Technology Trust shares last traded at GBX 665.32, with a volume of 2,269,479 shares traded.

Polar Capital Technology Trust Stock Down 2.3%

The company has a market capitalization of £7.37 billion, a P/E ratio of 3.53 and a beta of 0.93. The business has a 50 day simple moving average of GBX 685.92 and a 200-day simple moving average of GBX 570.72.

About Polar Capital Technology Trust

(Get Free Report)

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.

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