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Palace Capital (LON:PCA) Stock Passes Above 50-Day Moving Average - Should You Sell?

Palace Capital logo with Real Estate background

Palace Capital Plc (LON:PCA - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 219.30 ($2.77) and traded as high as GBX 222 ($2.80). Palace Capital shares last traded at GBX 218 ($2.75), with a volume of 16,101 shares trading hands.

Palace Capital Stock Down 5.2 %

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 capitalization of £62.98 million, a PE ratio of -908.33, a price-to-earnings-growth ratio of 3.37 and a beta of 0.68. The company's fifty day moving average is GBX 219.22 and its 200-day moving average is GBX 225.63.

Palace Capital Announces Dividend

The company also recently disclosed a dividend, which will be paid on Friday, December 27th. Stockholders of record on Thursday, November 28th will be given a dividend of GBX 3.75 ($0.05) per share. The ex-dividend date of this dividend is Thursday, November 28th. This represents a dividend yield of 1.72%. Palace Capital's payout ratio is -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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