Capital (LON:CAPD) Stock Crosses Above 200 Day Moving Average – Time to Sell?

Shares of Capital Limited (LON:CAPD) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 92.41 and traded as high as GBX 117.19. Capital shares last traded at GBX 113, with a volume of 140,932 shares.

Wall Street Analysts Forecast Growth

Separately, Peel Hunt reiterated a “buy” rating and issued a GBX 120 price target on shares of Capital in a research note on Thursday, October 16th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Capital presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 90.

Capital Stock Down 3.4%

The stock has a fifty day moving average price of GBX 109.40 and a two-hundred day moving average price of GBX 92.41. The company has a quick ratio of 1.36, a current ratio of 1.98 and a debt-to-equity ratio of 58.81. The company has a market cap of £222.30 million, a price-to-earnings ratio of 9.62, a P/E/G ratio of 0.64 and a beta of 0.60.

Insider Buying and Selling at Capital

In related news, insider Brian Rudd sold 750,000 shares of the stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of GBX 103, for a total value of £772,500. 30.09% of the stock is owned by insiders.

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.