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Palace Capital (LON:PCA) Stock Price Crosses Above 50 Day Moving Average - Here's Why

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 Thursday . The stock has a 50 day moving average of GBX 222.12 ($2.80) and traded as high as GBX 225 ($2.84). Palace Capital shares last traded at GBX 223 ($2.81), with a volume of 1,005 shares traded.

Palace Capital Trading Up 3.1 %

The company has a market cap of £66.68 million, a P/E ratio of 2.68, a PEG ratio of 3.37 and a beta of 0.68. The business has a fifty day moving average price of GBX 222.36 and a 200-day moving average price of GBX 221.80. The company has a quick ratio of 1.78, a current ratio of 4.47 and a debt-to-equity ratio of 8.48.

Palace Capital (LON:PCA - Get Free Report) last issued its quarterly earnings data on Thursday, November 14th. The company reported GBX 6.10 ($0.08) earnings per share (EPS) for the quarter. Palace Capital had a return on equity of 31.11% and a net margin of 164.89%. On average, analysts forecast that Palace Capital Plc will post 14.477562 earnings per share for the current year.

About Palace Capital

(Get Free Report)

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

Further Reading

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