Duke Capital (LON:DUKE) Share Price Passes Below Fifty Day Moving Average - Time to Sell?

Duke Capital Limited (LON:DUKE - Get Free Report) shares passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 32.99 ($0.43) and traded as low as GBX 32.50 ($0.43). Duke Capital shares last traded at GBX 32.91 ($0.43), with a volume of 826,244 shares changing hands.

Duke Capital Stock Up 1.4 %

The stock has a market capitalization of £139.40 million, a PE ratio of 1,103.33 and a beta of 1.37. The company has a debt-to-equity ratio of 42.60, a current ratio of 29.50 and a quick ratio of 15.36. The business's fifty day moving average price is GBX 32.99 and its two-hundred day moving average price is GBX 32.53.

Duke Capital Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Monday, October 14th. Stockholders of record on Thursday, September 26th will be issued a dividend of GBX 0.70 ($0.01) per share. This represents a dividend yield of 2.14%. The ex-dividend date is Thursday, September 26th. Duke Capital's dividend payout ratio (DPR) is presently 10,000.00%.

About Duke Capital

Duke Royalty Limited is a principal investment firm specializing in royalty financing. The firm It does not invest in start-ups or tight margin business models. It focuses on intellectual property assets and stable, cash flowing businesses with positive EBITDA, no debt or low levels of debt, and management desire to continue with the business.