Capital Limited (LON:CAPD – Get Rating) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 92.86 ($1.12) and traded as low as GBX 86.08 ($1.04). Capital shares last traded at GBX 86.60 ($1.05), with a volume of 49,593 shares trading hands.
Wall Street Analyst Weigh In
Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 173 ($2.09) target price on shares of Capital in a research report on Friday, September 2nd.
Capital Trading Up 0.7 %
The company has a market capitalization of £167.02 million and a price-to-earnings ratio of 320.74. The company has a quick ratio of 1.36, a current ratio of 2.22 and a debt-to-equity ratio of 29.94. The company’s fifty day simple moving average is GBX 89.32 and its two-hundred day simple moving average is GBX 92.84.
Capital Cuts Dividend
Capital Limited, together with its subsidiaries, provides various drilling solutions to customers in the minerals industry. It offers exploration drilling services, including air core, reverse circulation, diamond core, deep hole diamond, directional, and underground diamond drilling; mineral geochemical analysis laboratory services; and grade control drilling services, such as advanced/deep grade control, shallow grade control, reverse circulation, and underground diamond drilling.
- MarketBeat: Week in Review 9/5 – 9/9
- Prepare For A Record-Setting Quarter For Cyber Security Stocks
- The Auto Market Is Slowly Recovering, These Stocks May Outperform
- Is DocuSign On The Verge Of A Major Reversal?
- Oil and Gas Stocks: A Safe Way to Invest in Renewable Energy
Receive News & Ratings for Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital and related companies with MarketBeat.com's FREE daily email newsletter.