Insider Buying: Capital (LON:CAPD) Insider Buys 51,400 Shares of Stock

Capital Limited (LON:CAPD) insider Anu Dhir acquired 51,400 shares of the stock in a transaction on Friday, June 5th. The shares were acquired at an average cost of GBX 115 per share, for a total transaction of £59,110.

Capital Stock Down 1.8%

CAPD stock opened at GBX 112 on Monday. Capital Limited has a one year low of GBX 71 and a one year high of GBX 159. The stock has a market capitalization of £252.79 million, a PE ratio of 3.30, a price-to-earnings-growth ratio of 0.64 and a beta of 0.72. The company has a debt-to-equity ratio of 34.84, a quick ratio of 1.36 and a current ratio of 2.47. The company has a fifty day moving average of GBX 119.75 and a 200-day moving average of GBX 123.94.

Analyst Upgrades and Downgrades

Separately, Stifel Nicolaus reissued a “buy” rating and issued a GBX 200 price objective on shares of Capital in a research report on Tuesday, April 21st. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Capital currently has an average rating of “Buy” and a consensus price target of GBX 160.

About Capital

Capital Limited is a leading mining services company providing a complete range of drilling, mining, maintenance and geochemical laboratory solutions to customers within the global minerals industry. The Company’s services include exploration, delineation and production drilling; load and haul services; maintenance; and geochemical analysis.

The Group’s corporate headquarters are in the United Kingdom and it has established operations in Côte d’Ivoire, Canada, Democratic Republic of Congo, Egypt, Gabon, Ghana, Guinea, Kenya, Mali, Mauritania, Nigeria, Pakistan, Saudi Arabia, Tanzania and United States of America.

Our brands include Capital Drilling, Capital Mining, MSALABS and Well Force International.

Capital Drilling provides a complete range of drilling solutions for projects across the mining cycle from exploration to production.

Capital Mining provides Load and Haul services for clients from development to fully operational mine sites.

MSALABS are a global provider of geochemical laboratory services for the exploration and mining industries and have an exclusive agreement with Chrysos Corporation to deploy their revolutionary PhotonAssay technology globally.