Palace Capital (LON:PCA) Share Price Passes Below Two Hundred Day Moving Average – Should You Sell?

Palace Capital Plc (LON:PCAGet Free Report)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 183.39 and traded as low as GBX 180. Palace Capital shares last traded at GBX 180, with a volume of 11,173 shares traded.

Palace Capital Trading Up 1.9%

The stock has a market cap of £29.16 million, a price-to-earnings ratio of -7.14, a P/E/G ratio of 3.37 and a beta of 0.15. The firm’s 50 day moving average is GBX 175.01 and its two-hundred day moving average is GBX 183.12.

Palace Capital (LON:PCAGet Free Report) last released its quarterly earnings results on Thursday, June 11th. The company reported GBX (0.30) earnings per share (EPS) for the quarter. The firm had revenue of GBX 355 million for the quarter. Palace Capital had a negative return on equity of 11.17% and a negative net margin of 67.58%. As a group, equities analysts expect that Palace Capital Plc will post 14.477562 EPS for the current fiscal year.

About Palace Capital

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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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