Palace Capital (LON:PCA) Stock Passes Below 50-Day Moving Average – Here’s What Happened

Palace Capital Plc (LON:PCA)’s stock price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 206.22 and traded as low as GBX 206. Palace Capital shares last traded at GBX 207, with a volume of 16,456 shares trading hands.

Palace Capital Trading Up 6.0%

The firm has a market cap of £44.40 million, a P/E ratio of 26.45, a price-to-earnings-growth ratio of 3.37 and a beta of 0.68. The firm has a fifty day simple moving average of GBX 206.22 and a 200-day simple moving average of GBX 214.71. The company has a debt-to-equity ratio of 8.48, a current ratio of 4.47 and a quick ratio of 1.78.

Palace Capital (LON:PCA) last released its quarterly earnings data on Thursday, November 27th. The company reported GBX 3.90 earnings per share for the quarter. Palace Capital had a net margin of 164.89% and a return on equity of 31.11%. On average, equities research analysts expect that Palace Capital Plc will post 14.477562 earnings per share for the current year.

Palace Capital Company Profile

Property investment company that has a diversified portfolio of UK regional commercial real estate in carefully selected locations outside of London