Polar Capital Global Fincls Trust (LON:PCFT) Stock Price Down 2.9%

Polar Capital Global Fincls Trust PLC (LON:PCFT)’s stock price traded down 2.9% on Thursday . The company traded as low as GBX 132 ($1.72) and last traded at GBX 132 ($1.72), 300,721 shares changed hands during trading. A decline of 11% from the average session volume of 338,418 shares. The stock had previously closed at GBX 136 ($1.78).

The company has a debt-to-equity ratio of 5.34, a current ratio of 0.65 and a quick ratio of 0.65. The firm has a market capitalization of $267.66 million and a P/E ratio of 18.08. The firm has a fifty day simple moving average of GBX 140.48.

The firm also recently disclosed a dividend, which will be paid on Friday, August 30th. Stockholders of record on Thursday, August 1st will be issued a dividend of GBX 2.40 ($0.03) per share. This represents a dividend yield of 1.7%. The ex-dividend date of this dividend is Thursday, August 1st. This is a boost from Polar Capital Global Fincls Trust’s previous dividend of $1.90. Polar Capital Global Fincls Trust’s payout ratio is 0.55%.

Polar Capital Global Fincls Trust Company Profile (LON:PCFT)

Polar Capital Global Financials Trust plc is a closed-ended equity mutual fund launched and managed by Polar Capital LLP. It invests in the public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the financials sector. It invests in stocks of companies across all market capitalizations.

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