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Palace Capital (LON:PCA) Stock Passes Below 200 Day Moving Average - Should You Sell?

Palace Capital logo with Real Estate background

Palace Capital Plc (LON:PCA - Get Free Report)'s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred 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 Down 1.6 %

The company has a quick ratio of 1.78, a current ratio of 7.06 and a debt-to-equity ratio of 8.48. 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 company's fifty day moving average is GBX 220.84 and its 200-day moving average is GBX 224.14.

Palace Capital Announces Dividend

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

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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