Law Debenture (LON:LWDB) Stock Price Crosses Above 50 Day Moving Average - What's Next?

Law Debenture logo with Financial Services background

Shares of Law Debenture Co. (LON:LWDB - Get Free Report) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 894.97 ($11.13) and traded as high as GBX 909 ($11.30). Law Debenture shares last traded at GBX 904 ($11.24), with a volume of 168,347 shares.

Law Debenture Price Performance

The company has a 50 day moving average of GBX 894.97 and a 200 day moving average of GBX 889.64. The stock has a market capitalization of £1.20 billion, a price-to-earnings ratio of 848.15 and a beta of 0.93. The company has a quick ratio of 3.21, a current ratio of 3.01 and a debt-to-equity ratio of 18.53.

Law Debenture Dividend Announcement

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

About Law Debenture

(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.

Further Reading

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