Capital (LON:CAPD) Stock Rating Reaffirmed by Berenberg Bank

Berenberg Bank reissued their buy rating on shares of Capital (LON:CAPD – Get Rating) in a research report sent to investors on Thursday morning, MarketBeat.com reports. They currently have a GBX 167 ($2.04) price objective on the stock.

Separately, Canaccord Genuity Group reissued a buy rating and issued a GBX 140 ($1.71) target price on shares of Capital in a report on Monday, January 23rd.

Capital Stock Down 6.9 %

Capital stock opened at GBX 92 ($1.12) on Thursday. Capital has a fifty-two week low of GBX 75 ($0.91) and a fifty-two week high of GBX 118 ($1.44). The company has a debt-to-equity ratio of 29.94, a quick ratio of 1.36 and a current ratio of 2.22. The company has a market capitalization of £177.43 million, a P/E ratio of 353.85, a PEG ratio of 0.64 and a beta of 0.62. The stock has a 50-day simple moving average of GBX 105.23 and a 200-day simple moving average of GBX 95.09.

Capital Increases Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, May 9th. Shareholders of record on Thursday, April 13th will be paid a dividend of $0.03 per share. The ex-dividend date is Thursday, April 13th. This is an increase from Capital’s previous dividend of $0.01. This represents a yield of 2.08%. Capital’s dividend payout ratio is currently 1,153.85%.

About Capital

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Capital Limited, together with its subsidiaries, provides various drilling solutions to customers in the minerals industry. It offers exploration drilling services, including air core, reverse circulation, diamond core, deep hole diamond, directional, and underground diamond drilling; mineral geochemical analysis laboratory services; and grade control drilling services, such as advanced/deep grade control, shallow grade control, reverse circulation, and underground diamond drilling.