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Palace Capital (LON:PCA) Stock Passes Below Two Hundred Day Moving Average - Here's What Happened

Palace Capital logo with Real Estate background

Shares of Palace Capital Plc (LON:PCA - Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 229.97 ($2.98) and traded as low as GBX 225 ($2.92). Palace Capital shares last traded at GBX 225 ($2.92), with a volume of 13,113 shares trading hands.

Palace Capital Stock Performance

The company has a debt-to-equity ratio of 8.48, a quick ratio of 1.78 and a current ratio of 7.06. The firm has a market capitalization of £64.57 million, a price-to-earnings ratio of -920.83, a price-to-earnings-growth ratio of 3.37 and a beta of 0.68. The stock's fifty day moving average is GBX 221.74 and its two-hundred day moving average is GBX 229.97.

Palace Capital Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, October 25th. Stockholders of record on Thursday, September 26th were given a dividend of GBX 3.75 ($0.05) per share. This represents a dividend yield of 1.68%. The ex-dividend date was Thursday, September 26th. Palace Capital's payout ratio is -6,250.00%.

Palace Capital Company Profile

(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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