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Capital (LON:CAPD) Shares Pass Above 200-Day Moving Average - Here's What Happened

Capital logo with Basic Materials background

Key Points

  • Capital Limited shares have crossed above their 200-day moving average, signaling a potential upward trend in stock performance.
  • The company's current trading price is GBX 91 ($1.23), slightly below the intraday high of GBX 92 ($1.24) amid a trading volume of 424,036 shares.
  • Capital's financial metrics include a debt-to-equity ratio of 58.81 and a PE ratio of 774.47, indicating a high level of debt relative to equity and a potentially overvalued stock based on earnings.
  • Five stocks to consider instead of Capital.

Capital Limited (LON:CAPD - Get Free Report)'s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 76.69 ($1.04) and traded as high as GBX 92 ($1.25). Capital shares last traded at GBX 91 ($1.24), with a volume of 424,036 shares.

Capital Stock Performance

The firm has a 50 day moving average of GBX 90.74 and a 200-day moving average of GBX 77.09. The stock has a market capitalization of £179.02 million, a PE ratio of 774.47, a P/E/G ratio of 0.64 and a beta of 0.60. The company has a debt-to-equity ratio of 58.81, a quick ratio of 1.36 and a current ratio of 1.98.

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.

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