Law Debenture (LON:LWDB) Stock Passes Below 200-Day Moving Average - Should You Sell?

Law Debenture Co. (LON:LWDB - Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 885.41 ($10.89) and traded as low as GBX 874 ($10.75). Law Debenture shares last traded at GBX 879 ($10.82), with a volume of 268,491 shares traded.

Law Debenture Stock Down 0.7 %

The stock has a market cap of £1.15 billion, a P/E ratio of 808.33 and a beta of 0.93. The firm has a 50 day simple moving average of GBX 888.98 and a 200-day simple moving average of GBX 885.41. 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 Announces Dividend

The firm also recently declared a dividend, which will be paid on Thursday, January 23rd. Shareholders of record on Thursday, December 19th will be issued a dividend of GBX 8 ($0.10) per share. This represents a yield of 0.88%. The ex-dividend date of this dividend is Thursday, December 19th. Law Debenture's dividend payout ratio is 2,962.96%.

About Law Debenture

The Law Debenture Corporation p.l.c., an investment trust, provides independent professional services to companies, agencies, organizations, and individuals in the United Kingdom and internationally. The company operates through two segments, Investment Portfolio and Independent Professional Services.