Law Debenture (LON:LWDB) Sets New 52-Week High – Here’s Why

Shares of Law Debenture Co. (LON:LWDB) hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 1,274 and last traded at GBX 1,266, with a volume of 11403 shares changing hands. The stock had previously closed at GBX 1,254.

Law Debenture Stock Up 0.2%

The stock has a market cap of £1.69 billion, a price-to-earnings ratio of 5.54 and a beta of 1.22. The company has a current ratio of 71.94, a quick ratio of 3.21 and a debt-to-equity ratio of 16.37. The stock’s 50-day moving average price is GBX 1,218.12 and its 200-day moving average price is GBX 1,168.08.

Law Debenture (LON:LWDB) last posted its quarterly earnings data on Friday, July 24th. The investment trust reported GBX 23.04 earnings per share for the quarter. Law Debenture had a net margin of 80.52% and a return on equity of 23.85%.

Insider Activity

In other Law Debenture news, insider Denis Jackson bought 733 shares of the business’s stock in a transaction that occurred on Tuesday, July 7th. The shares were bought at an average price of GBX 1,225 per share, for a total transaction of £8,979.25. 0.70% of the stock is owned by corporate insiders.

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.