Law Debenture (LON:LWDB) Stock Price Passes Above Fifty Day Moving Average – Here’s Why

Law Debenture Co. (LON:LWDBGet Free Report) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 892.67 ($11.11) and traded as high as GBX 903 ($11.24). Law Debenture shares last traded at GBX 899 ($11.19), with a volume of 132,963 shares trading hands.

Law Debenture Price Performance

The company has a debt-to-equity ratio of 18.53, a quick ratio of 3.21 and a current ratio of 3.01. The stock has a market capitalization of £1.18 billion, a PE ratio of 833.52 and a beta of 0.93. The company’s fifty day simple moving average is GBX 892.67 and its two-hundred day simple moving average is GBX 889.07.

Law Debenture Announces Dividend

The business also recently disclosed a dividend, which was paid on Thursday, January 23rd. Investors of record on Thursday, December 19th were given a dividend of GBX 8 ($0.10) per share. The ex-dividend date was Thursday, December 19th. This represents a dividend yield of 0.88%. Law Debenture’s dividend payout ratio is currently 2,962.96%.

Law Debenture Company Profile

(Get Free Report)

LawDeb is a rare proposition; an investment trust with an independent professional services business. Our goal is to achieve long term capital growth in real terms and steadily increasing income.

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