Palace Capital (LON:PCA) Stock Crosses Above 50 Day Moving Average – Here’s What Happened

Shares of Palace Capital Plc (LON:PCAGet Free Report) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 222.64 ($2.87) and traded as high as GBX 225 ($2.90). Palace Capital shares last traded at GBX 222 ($2.86), with a volume of 740 shares traded.

Palace Capital Stock Performance

The company’s 50 day simple moving average is GBX 222.64 and its 200 day simple moving average is GBX 221.78. 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 £64.36 million, a PE ratio of 2.58, a price-to-earnings-growth ratio of 3.37 and a beta of 0.68.

About Palace Capital

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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

Further Reading

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