Palace Capital (LON:PCA) Stock Price Crosses Below 200 Day Moving Average – Time to Sell?

Palace Capital Plc (LON:PCA)’s share price 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 Down 1.8 %

The company has a market capitalization of £62.40 million, a P/E ratio of -900.00, a PEG ratio of 3.37 and a beta of 0.68. The company has a debt-to-equity ratio of 8.48, a current ratio of 7.06 and a quick ratio of 1.78. The company has a 50 day moving average of GBX 220.84 and a 200-day moving average of GBX 224.14.

Palace Capital Dividend Announcement

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

Palace Capital Company Profile

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.