Shares of Palace Capital Plc (LON:PCA – Get Rating) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 273.54 ($3.35) and traded as high as GBX 286 ($3.50). Palace Capital shares last traded at GBX 285 ($3.49), with a volume of 98,932 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, Shore Capital reaffirmed a “buy” rating on shares of Palace Capital in a report on Tuesday, April 26th.
Palace Capital Trading Up 1.2 %
The firm has a fifty day simple moving average of GBX 273.54 and a two-hundred day simple moving average of GBX 265.80. The firm has a market capitalization of £125.48 million and a P/E ratio of 537.74. The company has a debt-to-equity ratio of 57.77, a current ratio of 1.34 and a quick ratio of 0.84.
Palace Capital Increases Dividend
About Palace Capital
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.
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