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

Palace Capital Plc (LON:PCA) passed 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 Trading Down 1.8 %

The company has a quick ratio of 1.78, a current ratio of 7.06 and a debt-to-equity ratio of 8.48. The company’s 50-day moving average is GBX 220.84 and its 200 day moving average is GBX 224.14. The company has a market cap of £62.40 million, a price-to-earnings ratio of -900.00, a price-to-earnings-growth ratio of 3.37 and a beta of 0.68.

Palace Capital Dividend Announcement

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

About Palace Capital

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.