Palace Capital (LON:PCA) Stock Price Passes Above 50 Day Moving Average – Here’s What Happened

by · The Markets Daily

Shares of Palace Capital Plc (LON:PCA – Get Free Report) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 219.92 ($2.76) and traded as high as GBX 225 ($2.82). Palace Capital shares last traded at GBX 222 ($2.78), with a volume of 39,798 shares trading hands.

Palace Capital Stock Up 2.3 %

The firm has a market cap of £65.58 million, a PE ratio of -945.83, a PEG ratio of 3.37 and a beta of 0.68. The company’s 50-day simple moving average is GBX 220.02 and its two-hundred day simple moving average is GBX 224.82. The company has a debt-to-equity ratio of 8.48, a quick ratio of 1.78 and a current ratio of 7.06.

Palace Capital Dividend Announcement

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

About Palace Capital

(Get Free Report)

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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