Capital (LON:CAPD) Trading 11.6% Higher – Time to Buy?

Shares of Capital Limited (LON:CAPDGet Free Report) shot up 11.6% during trading on Thursday . The stock traded as high as GBX 120 ($1.61) and last traded at GBX 120 ($1.61). 2,426,357 shares were traded during mid-day trading, an increase of 827% from the average session volume of 261,619 shares. The stock had previously closed at GBX 107.50 ($1.44).

Capital Price Performance

The company has a fifty day moving average of GBX 96.21 and a 200 day moving average of GBX 82.89. The firm has a market capitalization of £245.25 million, a P/E ratio of 1,061.00, a PEG ratio of 0.64 and a beta of 0.60. The company has a debt-to-equity ratio of 58.81, a current ratio of 1.98 and a quick ratio of 1.36.

Insider Buying and Selling

In related news, insider Brian Rudd sold 250,000 shares of the company’s stock in a transaction that occurred on Friday, October 3rd. The stock was sold at an average price of GBX 103, for a total value of £257,500. 30.59% of the stock is owned by insiders.

About Capital

(Get Free Report)

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.

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