Duke Capital (LON:DUKE) Stock Passes Above 50-Day Moving Average – What’s Next?

Duke Capital Limited (LON:DUKE) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 30.08 ($0.38) and traded as high as GBX 30.50 ($0.39). Duke Capital shares last traded at GBX 30.33 ($0.38), with a volume of 418,920 shares.

Analysts Set New Price Targets

DUKE has been the topic of several research reports. Canaccord Genuity Group dropped their price target on Duke Capital from GBX 52 ($0.66) to GBX 46 ($0.58) and set a “buy” rating on the stock in a research report on Monday, December 16th. Canaccord Genuity Group reduced their price target on shares of Duke Capital from GBX 52 ($0.66) to GBX 46 ($0.58) and set a “buy” rating on the stock in a research report on Monday, December 16th.

Duke Capital Price Performance

The company has a current ratio of 19.30, a quick ratio of 15.36 and a debt-to-equity ratio of 42.88. The firm has a market capitalization of £125.84 million, a price-to-earnings ratio of 0.30 and a beta of 1.37. The business has a 50-day moving average price of GBX 30.08 and a two-hundred day moving average price of GBX 31.13.

Duke Capital Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, January 14th. Stockholders of record on Tuesday, December 24th were issued a dividend of GBX 0.70 ($0.01) per share. This represents a dividend yield of 2.33%. The ex-dividend date was Tuesday, December 24th. Duke Capital’s dividend payout ratio is 2.96%.

Duke Capital Company Profile