Duke Capital (LON:DUKE) Stock Price Crosses Below 50 Day Moving Average – Here’s Why

Duke Capital Limited (LON:DUKE) passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 28.03 and traded as low as GBX 27.67. Duke Capital shares last traded at GBX 27.99, with a volume of 223,072 shares changing hands.

Analyst Ratings Changes

Separately, Canaccord Genuity Group restated a “buy” rating and issued a GBX 41 target price on shares of Duke Capital in a research note on Tuesday, September 30th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of GBX 43.50.

Duke Capital Stock Up 1.8%

The company has a debt-to-equity ratio of 42.88, a quick ratio of 15.36 and a current ratio of 19.30. The stock’s 50 day simple moving average is GBX 28.03 and its 200 day simple moving average is GBX 29.09. The firm has a market cap of £143.13 million, a P/E ratio of 63.33 and a beta of 1.37.

About Duke Capital