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

Law Debenture logo with Financial Services background
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Law Debenture Co. (LON:LWDB - Get Free Report) shares passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 899.24 ($11.59) and traded as high as GBX 918.56 ($11.84). Law Debenture shares last traded at GBX 913 ($11.77), with a volume of 137,999 shares traded.

Law Debenture Trading Up 0.1 %

The firm has a market capitalization of £1.20 billion, a P/E ratio of 8.42 and a beta of 0.93. The company's fifty day moving average is GBX 899.62 and its 200-day moving average is GBX 891.97. The company has a current ratio of 3.01, a quick ratio of 3.21 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 GBX 8 ($0.10) dividend. The ex-dividend date of this dividend was Thursday, December 19th. This represents a dividend yield of 0.88%. Law Debenture's payout ratio is 29.78%.

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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