Duke Capital (LON:DUKE) Share Price Crosses Below 50-Day Moving Average – Time to Sell?

Duke Capital Limited (LON:DUKE)’s stock 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

DUKE has been the topic of several research reports. Canaccord Genuity Group cut their price target on shares of Duke Capital from GBX 52 ($0.65) to GBX 46 ($0.57) and set a “buy” rating on the stock in a report on Monday, December 16th. Canaccord Genuity Group reduced their target price on shares of Duke Capital from GBX 52 ($0.65) to GBX 46 ($0.57) and set a “buy” rating on the stock in a report on Monday, December 16th.

Duke Capital Stock Down 0.4 %

The stock has a market capitalization of £119.51 million, a price-to-earnings ratio of 955.93 and a beta of 1.37. The firm has a 50-day moving average of GBX 29.64 and a 200 day moving average of 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.

Duke Capital Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, January 14th. Stockholders 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 dividend yield of 2.33%. Duke Capital’s dividend payout ratio (DPR) is presently 10,000.00%.

About Duke Capital