Capital (LON:CAPD) Stock Price Passes Below 200-Day Moving Average – Here’s What Happened

Capital Limited (LON:CAPD)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 79.93 ($1.03) and traded as low as GBX 60 ($0.78). Capital shares last traded at GBX 60 ($0.78), with a volume of 180,612 shares traded.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reiterated a “hold” rating and issued a GBX 60 ($0.78) target price on shares of Capital in a report on Thursday.

Capital Stock Performance

The company has a debt-to-equity ratio of 58.81, a current ratio of 1.98 and a quick ratio of 1.36. The company has a market cap of £147.21 million, a price-to-earnings ratio of 5.07, a PEG ratio of 0.64 and a beta of 0.60. The firm has a 50 day simple moving average of GBX 72.11 and a 200-day simple moving average of GBX 79.64.

Capital Company Profile

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.