Capital (LON:CAPD) Shares Cross Below Two Hundred Day Moving Average – What’s Next?

Shares of Capital Limited (LON:CAPD) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 79.93 ($1.03) and traded as low as GBX 60 ($0.78). Capital shares last traded at GBX 60 ($0.78), with a volume of 180,612 shares.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reaffirmed a “hold” rating and set a GBX 60 ($0.78) price objective on shares of Capital in a research report on Thursday.

Capital Price Performance

The company has a fifty day moving average of GBX 72.11 and a 200-day moving average of GBX 79.64. The company has a current ratio of 1.98, a quick ratio of 1.36 and a debt-to-equity ratio of 58.81. The stock has a market cap of £147.21 million, a PE ratio of 5.07, a P/E/G ratio of 0.64 and a beta of 0.60.

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.