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

Law Debenture logo with Financial Services background

Law Debenture Co. (LON:LWDB - Get Free Report)'s share price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 892.67 ($11.07) and traded as high as GBX 903 ($11.20). Law Debenture shares last traded at GBX 899 ($11.15), with a volume of 132,963 shares traded.

Law Debenture Trading Up 0.1 %

The stock has a market cap of £1.20 billion, a price-to-earnings ratio of 845.37 and a beta of 0.93. The business has a 50-day simple moving average of GBX 894.31 and a two-hundred day simple moving average of GBX 889.54. The company has a debt-to-equity ratio of 18.53, a current ratio of 3.01 and a quick ratio of 3.21.

Law Debenture Announces Dividend

The firm also recently declared a dividend, which was paid on Thursday, January 23rd. Investors of record on Thursday, December 19th were paid 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 (DPR) is presently 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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