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Palace Capital (LON:PCA) Stock Price Crosses Below Two Hundred Day Moving Average - Here's Why

Palace Capital logo with Real Estate background

Shares of Palace Capital Plc (LON:PCA - Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 224.14 ($2.74) and traded as low as GBX 215 ($2.63). Palace Capital shares last traded at GBX 216 ($2.64), with a volume of 5,334 shares changing 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 company has a market cap of £61.82 million, a PE ratio of -891.67, a PEG ratio of 3.37 and a beta of 0.68. The business's 50-day moving average is GBX 220.84 and its 200 day moving average is GBX 224.14.

Palace Capital Announces Dividend

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

Palace Capital Company Profile

(Get Free Report)

Property investment company that has a diversified portfolio of UK regional commercial real estate in carefully selected locations outside of London

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