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

Shore Capital reaffirmed their hold rating on shares of Palace Capital (LON:PCA) in a research note issued to investors on Thursday, Marketbeat.com reports.

Palace Capital Price Performance

LON PCA opened at GBX 240 ($2.99) on Thursday. The company has a 50-day moving average price of GBX 228.24 and a two-hundred day moving average price of GBX 223.75. The company has a current ratio of 1.35, a quick ratio of 1.78 and a debt-to-equity ratio of 18.24. The stock has a market cap of £90.14 million, a price-to-earnings ratio of -452.83, a price-to-earnings-growth ratio of 3.37 and a beta of 0.78. Palace Capital has a 52 week low of GBX 200 ($2.49) and a 52 week high of GBX 265 ($3.30).

Palace Capital Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, April 19th. Stockholders of record on Thursday, March 21st were issued a GBX 3.75 ($0.05) dividend. This represents a dividend yield of 1.67%. The ex-dividend date was Thursday, March 21st. Palace Capital’s dividend payout ratio (DPR) is presently -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.