Palace Capital’s (PCA) Hold Rating Reaffirmed at Shore Capital

Shore Capital reiterated their hold rating on shares of Palace Capital (LON:PCAFree Report) in a report issued on Thursday, MarketBeat Ratings reports.

Palace Capital Price Performance

PCA stock opened at GBX 240 ($2.99) on Thursday. Palace Capital has a 12-month low of GBX 200 ($2.49) and a 12-month high of GBX 265 ($3.30). The company has a quick ratio of 1.78, a current ratio of 1.35 and a debt-to-equity ratio of 18.24. The company has a market cap of £90.14 million, a price-to-earnings ratio of -452.83, a PEG ratio of 3.37 and a beta of 0.78. The company has a 50 day moving average of GBX 227.94 and a two-hundred day moving average of GBX 223.67.

Palace Capital Announces Dividend

The business also recently announced a dividend, which will be paid on Friday, April 19th. Shareholders of record on Thursday, March 21st will be given a GBX 3.75 ($0.05) dividend. The ex-dividend date of this dividend is Thursday, March 21st. This represents a yield of 1.67%. Palace Capital’s payout ratio is -2,830.19%.

Palace Capital Company Profile

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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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