Shares of Polar Capital Global Financials (LON:PCFT – Get Free Report) hit a new 52-week high on Tuesday following insider buying activity. The company traded as high as GBX 253.32 and last traded at GBX 253, with a volume of 903192 shares changing hands. The stock had previously closed at GBX 252.
Specifically, insider Simon Cordery purchased 416 shares of Polar Capital Global Financials stock in a transaction dated Monday, August 3rd. The stock was acquired at an average cost of GBX 251 per share, for a total transaction of £1,044.16.
Polar Capital Global Financials Stock Up 0.4%
The company has a quick ratio of 0.68, a current ratio of 1.02 and a debt-to-equity ratio of 10.75. The company has a market capitalization of £397.46 million, a P/E ratio of 11.24 and a beta of 1.05. The firm has a 50-day moving average price of GBX 237.82 and a two-hundred day moving average price of GBX 228.29.
Polar Capital Global Financials Company Profile
The Trust was launched in July 2013 as a lower-risk way for investors to get exposure to the global Financials sector and give UK investors the ability to diversify their exposure away from UK banks.
It was one of the most successful investment trust launches at the time. The Trust was launched with a fixed life to May 2020, providing certainty to investors through the opportunity to realise their investment at this time at net asset value. Shareholders subsequently supported a proposal to extend its life indefinitely, subject to regular tender offers at net asset value (less costs) every five years.
Following this first recent successful tender offer in June 2025, the Company continues to operate with the same team, process, and approach.
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