Polar Capital (LON:POLR) Share Price Crosses Below Two Hundred Day Moving Average – What’s Next?

Polar Capital Holdings plc (LON:POLR) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 540.25 ($7.03) and traded as low as GBX 492.50 ($6.41). Polar Capital shares last traded at GBX 508 ($6.61), with a volume of 134,031 shares.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft upped their price target on Polar Capital from GBX 510 ($6.64) to GBX 570 ($7.42) and gave the stock a “hold” rating in a report on Tuesday, September 3rd.

Polar Capital Trading Down 1.4 %

The stock has a market cap of £475.50 million, a PE ratio of 1,209.52, a PEG ratio of 0.79 and a beta of 1.14. The company has a debt-to-equity ratio of 5.52, a quick ratio of 2.45 and a current ratio of 2.61. The business has a 50-day moving average of GBX 513.54 and a 200 day moving average of GBX 540.25.

Polar Capital Company Profile