Law Debenture (LON:LWDB) Shares Pass Above Fifty Day Moving Average - What's Next?

Law Debenture Co. (LON:LWDB - Get Free Report) shares passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 896.58 ($11.31) and traded as high as GBX 916.77 ($11.57). Law Debenture shares last traded at GBX 913 ($11.52), with a volume of 164,571 shares changing hands.

Law Debenture Trading Up 0.3 %

The company has a current ratio of 3.01, a quick ratio of 3.21 and a debt-to-equity ratio of 18.53. The stock has a market capitalization of £1.21 billion, a price-to-earnings ratio of 8.52 and a beta of 0.93. The firm has a 50-day moving average of GBX 896.80 and a 200 day moving average of GBX 890.70.

Law Debenture Dividend Announcement

The firm also recently announced a dividend, which was paid on Thursday, January 23rd. Investors of record on Thursday, December 19th were given a GBX 8 ($0.10) dividend. This represents a yield of 0.88%. The ex-dividend date was Thursday, December 19th. Law Debenture's dividend payout ratio is currently 29.78%.

About Law Debenture

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.