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

Polar Capital Holdings plc (LON:POLR) shares passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 518.23 ($6.52) and traded as low as GBX 495 ($6.23). Polar Capital shares last traded at GBX 499.50 ($6.29), with a volume of 49,954 shares changing hands.

Polar Capital Trading Down 0.6 %

The company has a fifty day moving average of GBX 505.88 and a 200-day moving average of GBX 517.56. The company has a market capitalization of £474.57 million, a price-to-earnings ratio of 11.57, a PEG ratio of 0.79 and a beta of 1.14.

Polar Capital (LON:POLR) last posted its quarterly earnings results on Monday, November 18th. The company reported GBX 24.80 ($0.31) EPS for the quarter. Polar Capital had a return on equity of 32.10% and a net margin of 19.65%. As a group, equities research analysts expect that Polar Capital Holdings plc will post 42.5061425 EPS for the current year.

Polar Capital Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, January 10th. Investors of record on Thursday, December 12th were issued a GBX 14 ($0.18) dividend. This represents a yield of 2.73%. The ex-dividend date was Thursday, December 12th. Polar Capital’s dividend payout ratio is presently 107.22%.

Polar Capital Company Profile