Law Debenture (LON:LWDB) Shares Down 0.5% - Time to Sell?

Law Debenture Co. (LON:LWDB - Get Free Report) shares were down 0.5% during mid-day trading on Tuesday . The stock traded as low as GBX 900 ($11.48) and last traded at GBX 905 ($11.54). Approximately 140,237 shares changed hands during mid-day trading, a decline of 23% from the average daily volume of 182,720 shares. The stock had previously closed at GBX 910 ($11.61).

Law Debenture Price Performance

The firm has a market capitalization of £1.19 billion, a P/E ratio of 838.89 and a beta of 0.93. 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 business's fifty day moving average is GBX 885.44 and its 200 day moving average is GBX 882.07.

Law Debenture Dividend Announcement

The business also recently announced a dividend, which was paid on Thursday, October 24th. Stockholders of record on Thursday, September 26th were given a dividend of GBX 8 ($0.10) per share. This represents a dividend yield of 0.89%. The ex-dividend date of this dividend was Thursday, September 26th. Law Debenture's dividend payout ratio (DPR) is presently 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.