Duke Capital (LON:DUKE) Stock Passes Below Fifty Day Moving Average – Here’s What Happened

Duke Capital Limited (LON:DUKE)’s share price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 29.64 ($0.37) and traded as low as GBX 28.25 ($0.35). Duke Capital shares last traded at GBX 28.80 ($0.36), with a volume of 1,644,591 shares.

Analysts Set New Price Targets

A number of research firms have recently weighed in on DUKE. Canaccord Genuity Group cut their price target on Duke Capital from GBX 52 ($0.65) to GBX 46 ($0.57) and set a “buy” rating for the company in a report on Monday, December 16th. Canaccord Genuity Group cut their target price on shares of Duke Capital from GBX 52 ($0.65) to GBX 46 ($0.57) and set a “buy” rating for the company in a research note on Monday, December 16th.

Duke Capital Price Performance

The company’s 50 day simple moving average is GBX 29.64 and its 200 day simple moving average is GBX 31.59. The company has a current ratio of 29.50, a quick ratio of 15.36 and a debt-to-equity ratio of 42.60. The stock has a market capitalization of £119.51 million, a PE ratio of 955.93 and a beta of 1.37.

Duke Capital Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, January 14th. Investors of record on Tuesday, December 24th were paid a GBX 0.70 ($0.01) dividend. The ex-dividend date was Tuesday, December 24th. This represents a yield of 2.33%. Duke Capital’s payout ratio is currently 10,000.00%.

About Duke Capital