Duke Capital (LON:DUKE) Shares Pass Above 50 Day Moving Average – Here’s Why

Duke Capital Limited (LON:DUKE) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 30.08 ($0.38) and traded as high as GBX 30.50 ($0.39). Duke Capital shares last traded at GBX 30.33 ($0.38), with a volume of 418,920 shares changing hands.

Analyst Ratings Changes

A number of brokerages recently weighed in on DUKE. Canaccord Genuity Group decreased their price objective on Duke Capital from GBX 52 ($0.66) to GBX 46 ($0.58) and set a “buy” rating on the stock in a report on Monday, December 16th. Canaccord Genuity Group decreased their price target on Duke Capital from GBX 52 ($0.66) to GBX 46 ($0.58) and set a “buy” rating on the stock in a research note on Monday, December 16th.

Duke Capital Stock Up 0.3 %

The company has a current ratio of 19.30, a quick ratio of 15.36 and a debt-to-equity ratio of 42.88. The stock has a 50 day simple moving average of GBX 30.08 and a 200 day simple moving average of GBX 31.12. The firm has a market capitalization of £125.84 million, a PE ratio of 0.30 and a beta of 1.37.

Duke Capital Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, January 14th. Shareholders of record on Tuesday, December 24th were paid a GBX 0.70 ($0.01) dividend. The ex-dividend date of this dividend was Tuesday, December 24th. This represents a yield of 2.33%. Duke Capital’s dividend payout ratio (DPR) is currently 2.96%.

Duke Capital Company Profile