Capital (LON:CAPD) Shares Cross Below 200 Day Moving Average – Time to Sell?

Capital Limited (LON:CAPD)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 92.61 ($1.20) and traded as low as GBX 85 ($1.10). Capital shares last traded at GBX 86 ($1.12), with a volume of 65,381 shares changing hands.

Capital Trading Down 0.5 %

The company has a quick ratio of 1.36, a current ratio of 1.98 and a debt-to-equity ratio of 56.60. The company has a market cap of £168.78 million, a price-to-earnings ratio of 783.64, a P/E/G ratio of 0.64 and a beta of 0.60. The business has a fifty day simple moving average of GBX 84.21 and a 200 day simple moving average of GBX 92.54.

Capital Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, October 3rd. Shareholders of record on Thursday, August 29th were given a dividend of $0.01 per share. The ex-dividend date of this dividend was Thursday, August 29th. This represents a yield of 1.13%. Capital’s payout ratio is currently 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.