Duke Capital (LON:DUKE) Share Price Passes Above 50-Day Moving Average – Time to Sell?

Duke Capital Limited (LON:DUKE) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 26.97 and traded as high as GBX 27. Duke Capital shares last traded at GBX 26.50, with a volume of 529,165 shares changing hands.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 41 price target on shares of Duke Capital in a research report on Thursday, June 18th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of GBX 41.

Duke Capital Stock Performance

The company has a current ratio of 802.04, a quick ratio of 15.36 and a debt-to-equity ratio of 56.88. The company’s 50-day moving average price is GBX 26.97 and its two-hundred day moving average price is GBX 26.51. The company has a market cap of £133.76 million, a P/E ratio of 12.27 and a beta of 0.37.

Insider Buying and Selling

In related news, insider Neil A. Johnson sold 150,000 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of GBX 28, for a total transaction of £42,000. 6.32% of the stock is currently owned by corporate insiders.

Duke Capital Company Profile