Palace Capital (LON:PCA) Stock Passes Below 200-Day Moving Average – Here’s What Happened

Posted by Dante Gardener on Jul 30th, 2026

Shares of Palace Capital Plc (LON:PCA – Get Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 186.28 and traded as low as GBX 175.50. Palace Capital shares last traded at GBX 175.50, with a volume of 2,122 shares traded.

Palace Capital Stock Performance

The company has a market cap of £34.27 million, a PE ratio of -6.83, a PEG ratio of 3.37 and a beta of 0.14. The stock has a 50 day moving average price of GBX 171.55 and a 200 day moving average price of GBX 186.28.

Palace Capital (LON:PCA – Get Free Report) last released its quarterly earnings results on Thursday, June 11th. The company reported GBX (0.30) earnings per share for the quarter. The firm had revenue of GBX 355 million for the quarter. Palace Capital had a negative net margin of 67.58% and a negative return on equity of 11.17%. Equities analysts expect that Palace Capital Plc will post 14.477562 EPS for the current fiscal year.

Palace Capital declared that its Board of Directors has approved a stock repurchase plan on Friday, April 17th that permits the company to buyback 400,000,000,000 shares. This buyback authorization permits the company to reacquire up to 2% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s management believes its stock is undervalued.