Capital (LON:CAPD) Stock Price Crosses Above 200-Day Moving Average - What's Next?

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.

Capital Limited (LON:CAPD - ) shares crossed 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 ($1.24). Capital shares last traded at GBX 91 ($1.23), with a volume of 424,036 shares traded.

Capital Trading Down 1.1%

The company has a quick ratio of 1.36, a current ratio of 1.98 and a debt-to-equity ratio of 58.81. The firm's 50 day simple moving average is GBX 90.23 and its 200-day simple moving average is GBX 76.69. The company 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.

About Capital

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.