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Palace Capital (LON:PCA) Shares Cross Below Two Hundred Day Moving Average - Should You Sell?

Palace Capital logo with Real Estate background

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 220.72 ($2.82) and traded as low as GBX 210 ($2.68). Palace Capital shares last traded at GBX 210 ($2.68), with a volume of 671 shares traded.

Palace Capital Price Performance

The company has a current ratio of 4.47, a quick ratio of 1.78 and a debt-to-equity ratio of 8.48. The company has a fifty day moving average price of GBX 219.23 and a two-hundred day moving average price of GBX 220.07. The firm has a market cap of £58.99 million, a P/E ratio of 2.37, a PEG ratio of 3.37 and a beta of 0.68.

Palace Capital Dividend Announcement

The business also recently declared a dividend, which will be paid on Tuesday, April 22nd. Shareholders of record on Thursday, March 20th will be paid a GBX 3.75 ($0.05) dividend. This represents a yield of 1.77%. The ex-dividend date is Thursday, March 20th. Palace Capital's payout ratio is currently 17.47%.

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

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