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

Palace Capital Plc (LON:PCAGet Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 224.14 ($2.76) and traded as low as GBX 215 ($2.65). Palace Capital shares last traded at GBX 216 ($2.66), with a volume of 5,334 shares.

Palace Capital Stock Performance

The company has a current ratio of 7.06, a quick ratio of 1.78 and a debt-to-equity ratio of 8.48. The company has a market cap of £62.40 million, a PE ratio of -900.00, a price-to-earnings-growth ratio of 3.37 and a beta of 0.68. The firm’s fifty day moving average is GBX 220.84 and its 200 day moving average is GBX 224.14.

Palace Capital Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Thursday, November 28th were given a dividend of GBX 3.75 ($0.05) per share. The ex-dividend date of this dividend was Thursday, November 28th. This represents a dividend yield of 1.72%. Palace Capital’s dividend payout ratio (DPR) is presently -6,250.00%.

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.

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