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

Duke Capital Limited (LON:DUKE)’s stock price passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 27 and traded as low as GBX 25.50. Duke Capital shares last traded at GBX 25.75, with a volume of 1,010,013 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 41 price objective on shares of Duke Capital in a report on Thursday, December 4th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Duke Capital presently has an average rating of “Buy” and a consensus target price of GBX 41.

Duke Capital Stock Performance

The firm has a fifty day simple moving average of GBX 26.99 and a 200-day simple moving average of GBX 27.65. The company has a quick ratio of 15.36, a current ratio of 314.44 and a debt-to-equity ratio of 50.53. The company has a market cap of £131.42 million, a PE ratio of 28.06 and a beta of 0.38.

Insider Transactions at Duke Capital

In other news, insider Charles Cannon-Brookes purchased 811,779 shares of the business’s stock in a transaction on Friday, January 23rd. The shares were bought at an average price of GBX 27 per share, with a total value of £219,180.33. 6.28% of the stock is owned by corporate insiders.

Duke Capital Company Profile