Free Trial

Capital (LON:CAPD) Stock Price Passes Below 200 Day Moving Average - Here's What Happened

Capital logo with Basic Materials background

Capital Limited (LON:CAPD - Get Free Report) shares passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 74.24 ($1.00) and traded as low as GBX 70.60 ($0.95). Capital shares last traded at GBX 70.80 ($0.95), with a volume of 170,342 shares traded.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reaffirmed a "hold" rating and issued a GBX 60 ($0.81) target price on shares of Capital in a report on Wednesday, April 23rd.

View Our Latest Research Report on Capital

Capital Stock Up 1.4%

The company has a debt-to-equity ratio of 58.81, a quick ratio of 1.36 and a current ratio of 1.98. The stock has a market cap of £176.93 million, a price-to-earnings ratio of 6.09, a PEG ratio of 0.64 and a beta of 0.60. The firm's 50-day simple moving average is GBX 66.75 and its two-hundred day simple moving average is GBX 74.21.

Capital Dividend Announcement

The business also recently disclosed a dividend, which was paid on Thursday, May 15th. Shareholders of record on Thursday, April 17th were given a $0.01 dividend. This represents a yield of 1.67%. The ex-dividend date was Thursday, April 17th. Capital's payout ratio is presently 25.23%.

Insider Activity

In other Capital news, insider Graeme Dacomb bought 25,000 shares of Capital stock in a transaction dated Wednesday, April 2nd. The shares were bought at an average price of GBX 63 ($0.85) per share, with a total value of £15,750 ($21,192.14). Insiders own 21.92% of the company's stock.

About Capital

(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.

Featured Articles

Should You Invest $1,000 in Capital Right Now?

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

Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

This Unique Robotaxi Play Could Deliver 10X Returns
NVIDIA’s Secret Picks? 3 Stocks Rising With the AI Giant
NVIDIA Earnings Preview: HUGE Stock Move Ahead

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines