Duke Capital (LON:DUKE) Stock Price Passes Above 50-Day Moving Average – What’s Next?

Duke Capital Limited (LON:DUKEGet Free Report)’s share price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 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 changing hands.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Canaccord Genuity Group cut their target price on Duke Capital from GBX 52 ($0.67) to GBX 46 ($0.59) and set a “buy” rating on the stock in a research note on Monday, December 16th. Canaccord Genuity Group cut their target price on Duke Capital from GBX 52 ($0.67) to GBX 46 ($0.59) and set a “buy” rating on the stock in a research note on Monday, December 16th.

Read Our Latest Research Report on DUKE

Duke Capital Stock Down 0.5 %

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 has a 50 day moving average price of GBX 30.07 and a 200 day moving average price of GBX 30.75. The company has a market cap of £124.89 million, a P/E ratio of 0.30 and a beta of 1.37.

Duke Capital Dividend Announcement

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

About Duke Capital

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