Palace Capital (LON:PCA) Hits New 12-Month Low – Here’s Why

Palace Capital Plc (LON:PCAGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 206 ($2.66) and last traded at GBX 214 ($2.77), with a volume of 281947 shares changing hands. The stock had previously closed at GBX 218 ($2.82).

Palace Capital Stock Down 1.8 %

The business’s 50 day moving average is GBX 221.77 and its 200-day moving average is GBX 221.36. 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 firm has a market capitalization of £62.04 million, a price-to-earnings ratio of 2.49, a price-to-earnings-growth 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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