Palace Capital (LON:PCA) Share Price Crosses Above 50 Day Moving Average – Should You Sell?

Palace Capital Plc (LON:PCAGet Free Report)’s share price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 222.80 ($2.81) and traded as high as GBX 229 ($2.89). Palace Capital shares last traded at GBX 225 ($2.84), with a volume of 15,847 shares.

Palace Capital Stock Performance

The business’s fifty day moving average price is GBX 222.94 and its two-hundred day moving average price is GBX 221.73. 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 capitalization of £65.23 million, a P/E ratio of 2.62, a P/E/G ratio of 3.37 and a beta of 0.68.

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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