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

Duke Capital Limited (LON:DUKE) shares passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 26.43 and traded as high as GBX 27.50. Duke Capital shares last traded at GBX 27.50, with a volume of 260,672 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 41 price objective on shares of Duke Capital in a research note on Thursday, June 18th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, Duke Capital currently has an average rating of “Buy” and a consensus target price of GBX 41.

Duke Capital Price Performance

The stock’s 50-day moving average price is GBX 26.46 and its 200-day moving average price is GBX 26.50. The company has a market capitalization of £137.86 million, a price-to-earnings ratio of 12.68 and a beta of 0.37. The company has a quick ratio of 15.36, a current ratio of 802.04 and a debt-to-equity ratio of 56.88.

About Duke Capital