Capital (LON:CAPD) Share Price Passes Below 200-Day Moving Average – Here’s What Happened

Capital Limited (LON:CAPD) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 92.97 ($1.21) and traded as low as GBX 82 ($1.07). Capital shares last traded at GBX 83.80 ($1.09), with a volume of 258,811 shares traded.

Capital Stock Down 0.5 %

The company has a debt-to-equity ratio of 56.60, a quick ratio of 1.36 and a current ratio of 1.98. The company’s 50-day moving average price is GBX 84.52 and its 200 day moving average price is GBX 92.86. The stock has a market capitalization of £163.68 million, a P/E ratio of 758.18, a P/E/G ratio of 0.64 and a beta of 0.60.

Capital Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, October 3rd. Shareholders of record on Thursday, August 29th were issued a dividend of $0.01 per share. The ex-dividend date was Thursday, August 29th. This represents a yield of 1.13%. Capital’s dividend payout ratio is presently 2,727.27%.

Capital Company Profile

Capital Limited, together with its subsidiaries, provides various drilling solutions to customers in the minerals industry. It offers exploration drilling services, including air core, reverse circulation, diamond core, deep hole diamond, directional, and underground diamond drilling; mineral geochemical analysis laboratory services; and grade control drilling services, such as advanced/deep grade control, shallow grade control, reverse circulation, and underground diamond drilling.