Palace Capital (LON:PCA) Sets New 1-Year Low – Here’s What Happened

Palace Capital Plc (LON:PCAGet Free Report) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 192.50 ($2.46) and last traded at GBX 203 ($2.59), with a volume of 148636 shares trading hands. The stock had previously closed at GBX 202 ($2.58).

Palace Capital Stock Up 0.5 %

The stock has a market cap of £58.85 million, a PE ratio of 2.36, a price-to-earnings-growth ratio of 3.37 and a beta of 0.68. The business has a fifty day moving average of GBX 219.23 and a 200-day moving average of GBX 220.07. The company has a debt-to-equity ratio of 8.48, a current ratio of 4.47 and a quick ratio of 1.78.

Palace Capital Dividend Announcement

The firm also recently declared a dividend, which will be paid on Tuesday, April 22nd. Stockholders of record on Thursday, March 20th will be issued a GBX 3.75 ($0.05) dividend. The ex-dividend date is Thursday, March 20th. This represents a dividend yield of 1.77%. Palace Capital’s dividend payout ratio is currently 17.47%.

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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