Capital (LON:CAPD) Shares Pass Below Two Hundred Day Moving Average – What’s Next?

Capital Limited (LON:CAPD)’s share price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 92.61 ($1.20) and traded as low as GBX 85 ($1.10). Capital shares last traded at GBX 86 ($1.12), with a volume of 65,381 shares.

Capital Stock Performance

The company has a quick ratio of 1.36, a current ratio of 1.98 and a debt-to-equity ratio of 56.60. The stock has a fifty day moving average price of GBX 84.21 and a two-hundred day moving average price of GBX 92.54. The company has a market capitalization of £168.78 million, a price-to-earnings ratio of 783.64, a PEG ratio of 0.64 and a beta of 0.60.

Capital Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, October 3rd. Investors of record on Thursday, August 29th were paid a $0.01 dividend. This represents a yield of 1.13%. The ex-dividend date of this dividend was Thursday, August 29th. Capital’s payout ratio is 2,727.27%.

About Capital

Capital Limited, together with its subsidiaries, provides various drilling solutions to customers in the minerals industry. It offers exploration drilling services, including air core, reverse circulation, diamond core, deep hole diamond, directional, and underground diamond drilling; mineral geochemical analysis laboratory services; and grade control drilling services, such as advanced/deep grade control, shallow grade control, reverse circulation, and underground diamond drilling.