Palace Capital (LON:PCA) Share Price Crosses Above 50 Day Moving Average – What’s Next?

Posted by Kyle Jackson on Feb 6th, 2025

Shares of Palace Capital Plc (LON:PCA – Get Free Report) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 221.65 ($2.77) and traded as high as GBX 230 ($2.88). Palace Capital shares last traded at GBX 228 ($2.85), with a volume of 5,540 shares.

Palace Capital Stock Performance

The firm has a market cap of £64.24 million, a PE ratio of -926.46, a PEG ratio of 3.37 and a beta of 0.68. The company has a current ratio of 7.06, a quick ratio of 1.78 and a debt-to-equity ratio of 8.48. The firm’s 50 day simple moving average is GBX 221.65 and its 200 day simple moving average is GBX 222.23.

Palace Capital (LON:PCA – Get Free Report) last posted its earnings results on Thursday, November 14th. The company reported GBX 6.10 ($0.08) earnings per share for the quarter. Palace Capital had a negative net margin of 47.77% and a negative return on equity of 8.28%. On average, research analysts forecast that Palace Capital Plc will post 14.477562 EPS for the current fiscal year.

Palace Capital Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Thursday, November 28th were issued a GBX 3.75 ($0.05) dividend. The ex-dividend date was Thursday, November 28th. This represents a dividend yield of 1.72%. Palace Capital’s dividend payout ratio (DPR) is presently -6,250.00%.