Palace Capital (LON:PCA) Share Price Passes Above 50 Day Moving Average – Time to Sell?

Palace Capital Plc (LON:PCA)’s share price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 222.12 ($2.79) and traded as high as GBX 225 ($2.83). Palace Capital shares last traded at GBX 223 ($2.80), with a volume of 1,005 shares trading hands.

Palace Capital Stock Performance

The company has a quick ratio of 1.78, a current ratio of 4.47 and a debt-to-equity ratio of 8.48. The company has a market cap of £64.65 million, a P/E ratio of 2.60, a P/E/G ratio of 3.37 and a beta of 0.68. The business has a fifty day moving average of GBX 222.12 and a 200 day moving average of GBX 221.94.

Palace Capital (LON:PCA) last announced its earnings results on Thursday, November 14th. The company reported GBX 6.10 ($0.08) EPS for the quarter. Palace Capital had a return on equity of 31.11% and a net margin of 164.89%. On average, equities analysts predict that Palace Capital Plc will post 14.477562 EPS for the current year.

About Palace Capital

Property investment company that has a diversified portfolio of UK regional commercial real estate in carefully selected locations outside of London