Duke Capital (LON:DUKE) Shares Cross Below Fifty Day Moving Average of $32.00

Duke Capital Limited (LON:DUKE) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 32 ($0.41) and traded as low as GBX 31.25 ($0.40). Duke Capital shares last traded at GBX 31.25 ($0.40), with a volume of 643,644 shares changing hands.

Analyst Upgrades and Downgrades

DUKE has been the topic of several analyst reports. Shore Capital restated a “buy” rating on shares of Duke Capital in a research report on Friday, May 3rd. Canaccord Genuity Group restated a “buy” rating and set a GBX 55 ($0.70) price target on shares of Duke Capital in a report on Thursday, March 28th.

Duke Capital Stock Down 0.8 %

The business’s 50-day simple moving average is GBX 31.98 and its 200 day simple moving average is GBX 32.17. The firm has a market cap of £128.78 million, a PE ratio of 1,033.33 and a beta of 1.34. The company has a current ratio of 30.04, a quick ratio of 15.36 and a debt-to-equity ratio of 36.85.

Duke Capital Announces Dividend

The business also recently disclosed a dividend, which will be paid on Friday, July 12th. Investors of record on Thursday, June 27th will be given a dividend of GBX 0.70 ($0.01) per share. This represents a yield of 2.28%. The ex-dividend date of this dividend is Thursday, June 27th. Duke Capital’s payout ratio is currently 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.