Duke Capital (LON:DUKE) Shares Pass Above 50-Day Moving Average - Here's Why

Duke Capital Limited (LON:DUKE - Get Free Report) shares passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 30.12 ($0.39) and traded as high as GBX 31 ($0.40). Duke Capital shares last traded at GBX 30.61 ($0.40), with a volume of 619,936 shares trading hands.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Canaccord Genuity Group decreased their price objective on Duke Capital from GBX 52 ($0.67) to GBX 46 ($0.60) and set a "buy" rating on the stock in a research report on Monday, December 16th. Canaccord Genuity Group reduced their price target on Duke Capital from GBX 52 ($0.67) to GBX 46 ($0.60) and set a "buy" rating on the stock in a research report on Monday, December 16th.

Duke Capital Price Performance

The company has a 50 day moving average of GBX 30.12 and a 200 day moving average of GBX 30.87. The firm has a market cap of £127.01 million, a price-to-earnings ratio of 0.30 and a beta of 1.37. The company has a current ratio of 19.30, a quick ratio of 15.36 and a debt-to-equity ratio of 42.88.

Duke Capital Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, January 14th. Shareholders of record on Tuesday, December 24th were paid a GBX 0.70 ($0.01) dividend. 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%.

About Duke Capital

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