Duke Capital (LON:DUKE) Shares Cross Below 50 Day Moving Average – Here’s Why

Shares of Duke Capital Limited (LON:DUKE) crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 32.39 ($0.42) and traded as low as GBX 29.50 ($0.38). Duke Capital shares last traded at GBX 30.20 ($0.39), with a volume of 796,221 shares traded.

Duke Capital Stock Down 0.2 %

The firm has a 50-day moving average price of GBX 32.39 and a two-hundred day moving average price of GBX 32.47. The company has a market capitalization of £125.61 million, a P/E ratio of 1,006.67 and a beta of 1.37. The company has a quick ratio of 15.36, a current ratio of 29.50 and a debt-to-equity ratio of 42.60.

Duke Capital Dividend Announcement

The business also recently declared a dividend, which was paid on Monday, October 14th. Shareholders of record on Thursday, September 26th were issued a GBX 0.70 ($0.01) dividend. This represents a yield of 2.14%. The ex-dividend date was Thursday, September 26th. Duke Capital’s dividend payout ratio (DPR) is presently 10,000.00%.

Duke Capital Company Profile

Duke Royalty Limited is a principal investment firm specializing in royalty financing. The firm It does not invest in start-ups or tight margin business models. It focuses on intellectual property assets and stable, cash flowing businesses with positive EBITDA, no debt or low levels of debt, and management desire to continue with the business.