Law Debenture (LON:LWDB) Issues Earnings Results

Law Debenture (LON:LWDB) announced its quarterly earnings results on Wednesday. The investment trust reported GBX 37.26 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Law Debenture had a return on equity of 17.12% and a net margin of 67.30%.

Law Debenture Stock Down 1.2%

LWDB stock traded down GBX 14 during mid-day trading on Wednesday, hitting GBX 1,118. 73,902 shares of the company were exchanged, compared to its average volume of 219,315. The company has a debt-to-equity ratio of 15.83, a quick ratio of 3.21 and a current ratio of 3.52. Law Debenture has a 1-year low of GBX 737.17 and a 1-year high of GBX 1,202. The firm’s 50 day simple moving average is GBX 1,134.26 and its 200 day simple moving average is GBX 1,066.96. The firm has a market cap of £1.49 billion, a P/E ratio of 8.72 and a beta of 1.13.

Law Debenture Company Profile

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.