Duke Capital (LON:DUKE) Shares Cross Above 50 Day Moving Average of $32.00

Duke Capital Limited (LON:DUKE) shares passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 32 ($0.40) and traded as high as GBX 32 ($0.40). Duke Capital shares last traded at GBX 32 ($0.40), with a volume of 168,188 shares trading hands.

Analyst Upgrades and Downgrades

DUKE has been the topic of a number of recent analyst reports. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 55 ($0.69) price objective on shares of Duke Capital in a research report on Thursday, March 28th. Shore Capital reiterated a “buy” rating on shares of Duke Capital in a research note on Friday.

Duke Capital Price Performance

The company has a debt-to-equity ratio of 36.85, a quick ratio of 15.36 and a current ratio of 30.04. The stock’s 50 day simple moving average is GBX 32.02 and its 200 day simple moving average is GBX 31.96. The firm has a market capitalization of £131.90 million, a P/E ratio of 1,058.33 and a beta of 1.33.

Duke Capital Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, April 12th. Investors of record on Thursday, March 28th were issued a dividend of GBX 0.70 ($0.01) per share. This represents a yield of 2.11%. The ex-dividend date was Thursday, March 28th. Duke Capital’s payout ratio is 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.