Palace Capital (LON:PCA) Trading Down 1.8%

Palace Capital PLC (LON:PCA)’s share price traded down 1.8% during trading on Wednesday . The stock traded as low as GBX 280 ($3.68) and last traded at GBX 300 ($3.95), 104,001 shares were traded during trading. An increase of 275% from the average session volume of 27,761 shares. The stock had previously closed at GBX 305.50 ($4.02).

Separately, Numis Securities reissued a “buy” rating on shares of Palace Capital in a research report on Wednesday, February 5th.

The company has a debt-to-equity ratio of 61.81, a current ratio of 3.46 and a quick ratio of 1.46. The firm has a market cap of $138.27 million and a PE ratio of 300.00. The firm has a 50-day simple moving average of GBX 326.93 and a 200 day simple moving average of GBX 300.04.

In other news, insider Mickola Wilson acquired 10,000 shares of the stock in a transaction on Tuesday, January 7th. The stock was acquired at an average price of GBX 326 ($4.29) per share, with a total value of £32,600 ($42,883.45).

Palace Capital Company Profile (LON:PCA)

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.

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