Palace Capital (LON:PCA) Share Price Crosses Above Fifty Day Moving Average – Time to Sell?

Palace Capital Plc (LON:PCAGet Free Report) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 218.47 ($2.95) and traded as high as GBX 224 ($3.03). Palace Capital shares last traded at GBX 224 ($3.03), with a volume of 21,045 shares traded.

Palace Capital Stock Up 2.2%

The business’s 50 day moving average price is GBX 218.47 and its 200 day moving average price is GBX 220.15. The firm has a market cap of £66.39 million, a price-to-earnings ratio of 2.67, a PEG ratio of 3.37 and a beta of 0.68. The company has a debt-to-equity ratio of 8.48, a quick ratio of 1.78 and a current ratio of 4.47.

Palace Capital Announces Dividend

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