Polar Capital (LON:POLR) Shares Pass Below 200 Day Moving Average – What’s Next?

Posted by Donna Armstrong on Jan 22nd, 2025

Polar Capital Holdings plc (LON:POLR – Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 528.60 ($6.51) and traded as low as GBX 511 ($6.29). Polar Capital shares last traded at GBX 513 ($6.32), with a volume of 118,221 shares trading hands.

Polar Capital Price Performance

The stock has a market capitalization of £485.94 million, a PE ratio of 1,219.05, a P/E/G ratio of 0.79 and a beta of 1.14. The firm’s 50 day simple moving average is GBX 517.01 and its 200 day simple moving average is GBX 528.16. The company has a debt-to-equity ratio of 5.52, a current ratio of 2.61 and a quick ratio of 2.45.

Polar Capital (LON:POLR – Get Free Report) last posted its quarterly earnings results on Monday, November 18th. The company reported GBX 24.80 ($0.31) earnings per share (EPS) for the quarter. Polar Capital had a net margin of 20.68% and a return on equity of 29.27%. As a group, equities analysts forecast that Polar Capital Holdings plc will post 42.5061425 EPS for the current fiscal year.

Polar Capital Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, January 10th. Shareholders of record on Thursday, December 12th were issued a GBX 14 ($0.17) dividend. This represents a yield of 2.73%. The ex-dividend date of this dividend was Thursday, December 12th. Polar Capital’s dividend payout ratio (DPR) is currently 10,952.38%.