Duke Capital (LON:DUKE) Share Price Crosses Above Fifty Day Moving Average – Here’s Why

Duke Capital Limited (LON:DUKEGet Free Report) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 27.15 and traded as high as GBX 28. Duke Capital shares last traded at GBX 27, with a volume of 1,282,381 shares.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 41 price target on shares of Duke Capital in a research note on Thursday, December 4th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of GBX 41.

Read Our Latest Research Report on DUKE

Duke Capital Trading Down 0.7%

The business’s 50 day simple moving average is GBX 27.15 and its two-hundred day simple moving average is GBX 28.11. The stock has a market cap of £135.95 million, a P/E ratio of 29.03 and a beta of 1.37. The company has a quick ratio of 15.36, a current ratio of 19.30 and a debt-to-equity ratio of 42.88.

Insiders Place Their Bets

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

About Duke Capital

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