Capital Limited (LON:CAPD - Get Free Report)'s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 77.91 ($1.03) and traded as low as GBX 62.20 ($0.82). Capital shares last traded at GBX 63.60 ($0.84), with a volume of 552,585 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group reissued a "hold" rating and set a GBX 60 ($0.79) target price on shares of Capital in a report on Thursday, March 27th.
Read Our Latest Report on Capital
Capital Price Performance
The company has a current ratio of 1.98, a quick ratio of 1.36 and a debt-to-equity ratio of 58.81. The business's 50-day simple moving average is GBX 67.85 and its two-hundred day simple moving average is GBX 77.53. The firm has a market cap of £161.78 million, a price-to-earnings ratio of 5.57, a P/E/G ratio of 0.64 and a beta of 0.60.
Capital Announces Dividend
The business also recently disclosed a dividend, which will be paid on Thursday, May 15th. Stockholders of record on Thursday, April 17th will be given a dividend of $0.01 per share. This represents a dividend yield of 1.67%. The ex-dividend date is Thursday, April 17th. Capital's dividend payout ratio (DPR) is 25.23%.
Insider Transactions at Capital
In other news, insider Graeme Dacomb bought 25,000 shares of Capital stock in a transaction dated Wednesday, April 2nd. The stock was purchased at an average price of GBX 63 ($0.83) per share, for a total transaction of £15,750 ($20,844.36). Insiders own 21.92% of the company's stock.
Capital Company Profile
(
Get Free Report)
Capital Limited is a leading mining services company providing a complete range of drilling, mining, maintenance and geochemical laboratory solutions to customers within the global minerals industry. The Company's services include exploration, delineation and production drilling; load and haul services; maintenance; and geochemical analysis.
Further Reading
Before you consider Capital, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Capital wasn't on the list.
While Capital currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
