Palace Capital (LON:PCA) Share Price Crosses Below 200-Day Moving Average – Should You Sell?

Palace Capital Plc (LON:PCAGet Free Report) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 224.14 ($2.76) and traded as low as GBX 215 ($2.65). Palace Capital shares last traded at GBX 216 ($2.66), with a volume of 5,334 shares trading hands.

Palace Capital Stock Performance

The company has a quick ratio of 1.78, a current ratio of 7.06 and a debt-to-equity ratio of 8.48. The company has a fifty day moving average price of GBX 220.84 and a 200 day moving average price of GBX 224.14. The stock has a market cap of £62.40 million, a PE ratio of -900.00, a P/E/G ratio of 3.37 and a beta of 0.68.

Palace Capital Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Thursday, November 28th were given a GBX 3.75 ($0.05) dividend. The ex-dividend date was Thursday, November 28th. This represents a yield of 1.72%. Palace Capital’s payout ratio is currently -6,250.00%.

Palace Capital Company Profile

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Palace Capital plc is a real estate investment firm specializing in investment in entities operating in the property sector. It seeks to invest in United Kingdom. Palace Capital plc is based in London, the United Kingdom.

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