Palace Capital (LON:PCA) Shares Cross Below 50-Day Moving Average – What’s Next?

Palace Capital Plc (LON:PCA)’s stock price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 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 traded.

Palace Capital Price Performance

The company has a debt-to-equity ratio of 8.48, a quick ratio of 1.78 and a current ratio of 4.47. The stock has a market cap of £44.40 million, a price-to-earnings ratio of 26.45, a price-to-earnings-growth ratio of 3.37 and a beta of 0.68. The business’s fifty day simple moving average is GBX 206.22 and its 200 day simple moving average is GBX 214.71.

Palace Capital (LON:PCA) last announced its earnings results on Thursday, November 27th. The company reported GBX 3.90 EPS for the quarter. Palace Capital had a net margin of 164.89% and a return on equity of 31.11%. Research analysts predict that Palace Capital Plc will post 14.477562 EPS for the current fiscal 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