Palace Capital (LON:PCA) Stock Price Crosses Below Two Hundred Day Moving Average – What’s Next?

Palace Capital Plc (LON:PCAGet Free Report) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 220.72 ($2.89) and traded as low as GBX 210 ($2.75). Palace Capital shares last traded at GBX 210 ($2.75), with a volume of 671 shares changing hands.

Palace Capital Stock Down 0.9 %

The company has a debt-to-equity ratio of 8.48, a quick ratio of 1.78 and a current ratio of 4.47. The company has a market capitalization of £60.88 million, a P/E ratio of 2.45, a price-to-earnings-growth ratio of 3.37 and a beta of 0.68. The firm’s fifty day moving average is GBX 220.75 and its 200-day moving average is GBX 220.72.

Palace Capital Dividend Announcement

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

Palace Capital Company Profile

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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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