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

Shares of Duke Capital Limited (LON:DUKE) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 27.34 and traded as high as GBX 28.50. Duke Capital shares last traded at GBX 28.50, with a volume of 887,245 shares changing hands.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 41 target price on shares of Duke Capital in a research note on Thursday, December 4th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, Duke Capital presently has an average rating of “Buy” and a consensus target price of GBX 41.

Duke Capital Trading Down 5.2%

The firm has a market capitalization of £136.03 million, a price-to-earnings ratio of 29.05 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 company has a 50-day moving average price of GBX 27.34 and a 200-day moving average price of GBX 28.23.

Insider Transactions at Duke Capital

In other Duke Capital news, insider Charles Cannon-Brookes purchased 811,779 shares of the stock in a transaction that occurred on Friday, January 23rd. The stock was purchased at an average cost of GBX 27 per share, with a total value of £219,180.33. 6.28% of the stock is owned by company insiders.

About Duke Capital