Canaccord Genuity Group Reaffirms Hold Rating for Capital (LON:CAPD)

Capital (LON:CAPD)‘s stock had its “hold” rating reiterated by Canaccord Genuity Group in a report released on Wednesday, Marketbeat reports. They currently have a GBX 60 ($0.80) price objective on the stock. Canaccord Genuity Group’s price objective indicates a potential downside of 9.64% from the stock’s current price.

Capital Price Performance

CAPD stock opened at GBX 66.40 ($0.89) on Wednesday. The company has a market capitalization of £162.27 million, a P/E ratio of 5.58, a PEG ratio of 0.64 and a beta of 0.60. The company has a fifty day moving average price of GBX 66.44 and a 200-day moving average price of GBX 76.83. The company has a debt-to-equity ratio of 58.81, a quick ratio of 1.36 and a current ratio of 1.98. Capital has a 52-week low of GBX 58.20 ($0.78) and a 52-week high of GBX 105.61 ($1.41).

Insider Activity at Capital

In other news, insider Graeme Dacomb bought 25,000 shares of the stock in a transaction dated Wednesday, April 2nd. The stock was bought at an average price of GBX 63 ($0.84) per share, for a total transaction of £15,750 ($21,008.40). 21.92% of the stock is owned by corporate insiders.

About Capital

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.