Polar Capital (LON:POLR) Shares Cross Below Two Hundred Day Moving Average – Should You Sell?

Shares of Polar Capital Holdings plc (LON:POLRGet Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 486.22 ($6.43) and traded as low as GBX 364.50 ($4.82). Polar Capital shares last traded at GBX 369 ($4.88), with a volume of 386,927 shares changing hands.

Polar Capital Stock Performance

The business has a fifty day moving average price of GBX 436.38 and a 200 day moving average price of GBX 486.22. The company has a market cap of £352.70 million, a price-to-earnings ratio of 8.60, a PEG ratio of 0.79 and a beta of 1.14.

Insiders Place Their Bets

In related news, insider Win Robbins sold 10,000 shares of Polar Capital stock in a transaction that occurred on Tuesday, April 8th. The shares were sold at an average price of GBX 363 ($4.80), for a total transaction of £36,300 ($48,041.29). Insiders own 14.96% of the company’s stock.

Polar Capital Company Profile

(Get Free Report)

Further Reading

Receive News & Ratings for Polar Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Polar Capital and related companies with MarketBeat.com's FREE daily email newsletter.