Palace Capital (LON:PCA) Stock Passes Above Fifty Day Moving Average – Here’s Why

Palace Capital Plc (LON:PCAGet Free Report)’s stock price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 207.20 and traded as high as GBX 214. Palace Capital shares last traded at GBX 214, with a volume of 766 shares traded.

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 has a market capitalization of £43.28 million, a price-to-earnings ratio of 25.78, a PEG ratio of 3.37 and a beta of 0.68. The stock’s 50 day simple moving average is GBX 207.20 and its 200-day simple moving average is GBX 214.39.

Palace Capital (LON:PCAGet Free Report) last released its quarterly earnings results 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, analysts expect that Palace Capital Plc will post 14.477562 EPS for the current fiscal year.

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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