Duke Capital (LON:DUKE) Share Price Passes Above Fifty Day Moving Average of $31.84

Duke Capital Limited (LON:DUKE)’s stock price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 31.84 ($0.40) and traded as high as GBX 33 ($0.42). Duke Capital shares last traded at GBX 32.50 ($0.41), with a volume of 245,473 shares traded.

Analyst Upgrades and Downgrades

DUKE has been the topic of a number of research analyst reports. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 55 ($0.70) price target on shares of Duke Capital in a report on Thursday, March 28th. Shore Capital reiterated a “buy” rating on shares of Duke Capital in a report on Thursday, March 21st.

Duke Capital Stock Up 0.5 %

The firm has a 50 day moving average price of GBX 31.84 and a two-hundred day moving average price of GBX 31.99. The firm has a market capitalization of £135.01 million, a price-to-earnings ratio of 1,083.33 and a beta of 1.33. The company has a current ratio of 30.04, a quick ratio of 15.36 and a debt-to-equity ratio of 36.85.

Duke Capital Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, April 12th. Shareholders of record on Thursday, March 28th were given a dividend of GBX 0.70 ($0.01) per share. The ex-dividend date of this dividend was Thursday, March 28th. This represents a yield of 2.11%. Duke Capital’s dividend payout ratio (DPR) is 10,000.00%.

About Duke Capital

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.