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The latest update is out from Capital Drilling ( (GB:CAPD) ).
Capital Limited announced that Executive Director Brian Rudd has sold 1,000,000 Common Shares at £1.03 each, reducing his holding to 11,384,902 shares, which represents 5.79% of the company’s issued share capital. This transaction is part of the company’s regulatory disclosure obligations and may have implications for shareholder perceptions and market dynamics.
The most recent analyst rating on (GB:CAPD) stock is a Buy with a £116.00 price target. To see the full list of analyst forecasts on Capital Drilling stock, see the GB:CAPD Stock Forecast page.
Spark’s Take on GB:CAPD Stock
According to Spark, TipRanks’ AI Analyst, GB:CAPD is a Outperform.
Capital Drilling’s strong technical indicators and solid financial performance are the primary drivers of its stock score. The stock exhibits bullish momentum, supported by a solid cash flow position and reasonable valuation. However, concerns about declining revenue growth and operational margins slightly temper the overall outlook.
To see Spark’s full report on GB:CAPD stock, click here.
More about Capital Drilling
Capital Limited is a leading company in the mining services industry, focusing on providing essential services and solutions to the mining sector. The company is listed on the London Stock Exchange under the ticker CAPD.
Average Trading Volume: 148,828
Technical Sentiment Signal: Buy
Current Market Cap: £203.6M
See more insights into CAPD stock on TipRanks’ Stock Analysis page.