Palace Capital (LON:PCA) Share Price Crosses Below 50 Day Moving Average – Should You Sell?

Shares of Palace Capital Plc (LON:PCAGet Free Report) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 217.85 and traded as low as GBX 209. Palace Capital shares last traded at GBX 215, with a volume of 188,732 shares trading hands.

Palace Capital Price Performance

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 stock’s fifty day simple moving average is GBX 217.85 and its 200-day simple moving average is GBX 221.58. The company has a market capitalization of £44.50 million, a P/E ratio of 48.89, a PEG ratio of 3.37 and a beta of 0.68.

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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