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Palace Capital (LON:PCA) Shares Cross Above 50 Day Moving Average - What's Next?

Palace Capital logo with Real Estate background

Palace Capital Plc (LON:PCA - Get Free Report)'s share price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 216.13 ($2.87) and traded as high as GBX 221 ($2.93). Palace Capital shares last traded at GBX 221 ($2.93), with a volume of 11,298 shares changing hands.

Palace Capital Stock Down 4.0 %

The company has a debt-to-equity ratio of 8.48, a current ratio of 4.47 and a quick ratio of 1.78. The company has a market capitalization of £62.62 million, a price-to-earnings ratio of 2.51, a PEG ratio of 3.37 and a beta of 0.68. The firm has a 50-day moving average price of GBX 215.87 and a two-hundred day moving average price of GBX 219.46.

Palace Capital Announces Dividend

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

Further Reading

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