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Palace Capital (LON:PCA) Shares Cross 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 fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 221.29 ($2.88) and traded as high as GBX 229 ($2.98). Palace Capital shares last traded at GBX 223 ($2.90), with a volume of 9,196 shares.

Palace Capital Price Performance

The firm has a market cap of £64.42 million, a P/E ratio of -929.17, a price-to-earnings-growth ratio of 3.37 and a beta of 0.68. The business has a 50-day moving average of GBX 221.29 and a two-hundred day moving average of GBX 229.52. The company has a current ratio of 7.06, a quick ratio of 1.78 and a debt-to-equity ratio of 8.48.

Palace Capital Dividend Announcement

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

Further Reading

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