Capital (LON:CAPD) Stock Passes Below 200 Day Moving Average of $93.69

Capital Limited (LON:CAPD)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 93.69 ($1.25) and traded as low as GBX 82.20 ($1.10). Capital shares last traded at GBX 83.40 ($1.11), with a volume of 59,029 shares changing hands.

Capital Price Performance

The company’s 50-day moving average price is GBX 87.06 and its 200-day moving average price is GBX 93.69. The company has a debt-to-equity ratio of 56.60, a current ratio of 1.98 and a quick ratio of 1.36. The company has a market cap 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 company also recently declared a dividend, which will be paid on Thursday, October 3rd. Shareholders of record on Thursday, August 29th will be paid a $0.01 dividend. This represents a yield of 1.13%. The ex-dividend date is Thursday, August 29th. Capital’s dividend 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.