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

Palace Capital Plc (LON:PCAGet Free Report) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 176.73 and traded as high as GBX 184.50. Palace Capital shares last traded at GBX 184, with a volume of 11,738 shares.

Palace Capital Stock Performance

The firm’s 50 day moving average is GBX 177.07 and its 200-day moving average is GBX 181.58. The firm has a market cap of £28.76 million, a price-to-earnings ratio of -7.04, a price-to-earnings-growth ratio of 3.37 and a beta of 0.15.

Palace Capital (LON:PCAGet Free Report) last announced its earnings results on Thursday, June 11th. The company reported GBX (0.30) earnings per share (EPS) for the quarter. Palace Capital had a negative return on equity of 11.17% and a negative net margin of 67.58%.The company had revenue of GBX 355 million for the quarter. As a group, research analysts predict that Palace Capital Plc will post 14.477562 EPS for the current year.

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

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