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Palace Capital (LON:PCA) Share Price Passes Above 50 Day Moving Average - What's Next?

Palace Capital logo with Real Estate background

Shares of Palace Capital Plc (LON:PCA - Get Free Report) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 215.61 ($2.87) and traded as high as GBX 224 ($2.98). Palace Capital shares last traded at GBX 217 ($2.88), with a volume of 319 shares.

Palace Capital Stock Up 2.3 %

The company's fifty day simple moving average is GBX 215.61 and its 200 day simple moving average is GBX 219.49. The company has a quick ratio of 1.78, a current ratio of 4.47 and a debt-to-equity ratio of 8.48. The firm has a market capitalization of £64.36 million, a PE ratio of 2.58, a price-to-earnings-growth ratio of 3.37 and a beta of 0.68.

Palace Capital Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, April 22nd. Stockholders of record on Thursday, March 20th were paid a GBX 3.75 ($0.05) dividend. This represents a dividend yield of 1.77%. The ex-dividend date was Thursday, March 20th. Palace Capital's payout ratio is presently 17.47%.

Palace Capital Company Profile

(Get Free Report)

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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