Duke Capital (LON:DUKE) Trading Down 0.8% – What’s Next?

Duke Capital Limited (LON:DUKE)’s stock price was down 0.8% during mid-day trading on Thursday . The stock traded as low as GBX 27.50 ($0.35) and last traded at GBX 28.28 ($0.36). Approximately 1,166,554 shares were traded during mid-day trading, an increase of 42% from the average daily volume of 820,484 shares. The stock had previously closed at GBX 28.50 ($0.36).

Duke Capital Price Performance

The business’s 50 day moving average price is GBX 30.88 and its 200-day moving average price is GBX 32.02. The company has a quick ratio of 15.36, a current ratio of 29.50 and a debt-to-equity ratio of 42.60. The company has a market cap of £117.73 million, a PE ratio of 941.67 and a beta of 1.37.

Duke Capital Announces Dividend

The company also recently declared a dividend, which was paid on Monday, October 14th. Investors of record on Thursday, September 26th were issued a dividend of GBX 0.70 ($0.01) per share. This represents a yield of 2.14%. The ex-dividend date of this dividend was Thursday, September 26th. Duke Capital’s payout ratio is 10,000.00%.

About Duke Capital

Duke Royalty Limited is a principal investment firm specializing in royalty financing. The firm It does not invest in start-ups or tight margin business models. It focuses on intellectual property assets and stable, cash flowing businesses with positive EBITDA, no debt or low levels of debt, and management desire to continue with the business.