Palace Capital’s (PCA) Hold Rating Reaffirmed at Shore Capital

Shore Capital restated their hold rating on shares of Palace Capital (LON:PCA) in a research report released on Thursday, MarketBeat Ratings reports.

Palace Capital Stock Performance

Shares of PCA stock opened at GBX 240 ($2.99) on Thursday. Palace Capital has a 12 month low of GBX 200 ($2.49) and a 12 month high of GBX 265 ($3.30). The company has a debt-to-equity ratio of 18.24, a current ratio of 1.35 and a quick ratio of 1.78. The firm has a market capitalization of £90.14 million, a P/E ratio of -452.83, a P/E/G ratio of 3.37 and a beta of 0.78. The company’s fifty day moving average price is GBX 227.94 and its two-hundred day moving average price is GBX 223.67.

Palace Capital Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Friday, April 19th. Shareholders of record on Thursday, March 21st will be issued a GBX 3.75 ($0.05) dividend. The ex-dividend date is Thursday, March 21st. This represents a yield of 1.67%. Palace Capital’s dividend payout ratio is currently -2,830.19%.

About Palace Capital

Palace Capital plc is a real estate investment firm specializing in investment in entities operating in the property sector. It seeks to invest in United Kingdom. Palace Capital plc is based in London, the United Kingdom.