Duke Capital (LON:DUKE) Shares Pass Above 50-Day Moving Average - Time to Sell?

Shares of Duke Capital Limited (LON:DUKE - Get Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 30.11 ($0.39) and traded as high as GBX 30.96 ($0.40). Duke Capital shares last traded at GBX 30.40 ($0.39), with a volume of 187,412 shares trading hands.

Analysts Set New Price Targets

A number of brokerages have recently commented on DUKE. Canaccord Genuity Group cut their target price on shares of Duke Capital from GBX 52 ($0.67) to GBX 46 ($0.59) and set a "buy" rating on the stock in a report on Monday, December 16th. Canaccord Genuity Group lowered their price objective on shares of Duke Capital from GBX 52 ($0.67) to GBX 46 ($0.59) and set a "buy" rating on the stock in a research report on Monday, December 16th.

Duke Capital Stock Down 0.5 %

The company has a market capitalization of £124.89 million, a price-to-earnings ratio of 0.30 and a beta of 1.37. 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 business has a 50-day simple moving average of GBX 30.07 and a two-hundred day simple moving average of GBX 30.74.

Duke Capital Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Monday, April 14th. Investors of record on Thursday, March 27th will be given a GBX 0.70 ($0.01) dividend. The ex-dividend date of this dividend is Thursday, March 27th. This represents a yield of 2.31%. Duke Capital's dividend payout ratio (DPR) is 2.96%.

About Duke Capital