Law Debenture (LON:LWDB) Hits New 12-Month High – What’s Next?

Law Debenture Co. (LON:LWDBGet Free Report) shares hit a new 52-week high on Wednesday . The stock traded as high as GBX 1,172 and last traded at GBX 1,168, with a volume of 136305 shares. The stock had previously closed at GBX 1,156.

Law Debenture Price Performance

The business’s 50-day simple moving average is GBX 1,087.70 and its two-hundred day simple moving average is GBX 1,045.18. The company has a quick ratio of 3.21, a current ratio of 3.01 and a debt-to-equity ratio of 18.53. The stock has a market cap of £1.56 billion, a P/E ratio of 9.11 and a beta of 0.93.

Insider Activity

In related news, insider Denis Jackson sold 67,485 shares of the stock in a transaction dated Monday, November 17th. The stock was sold at an average price of GBX 1,022, for a total transaction of £689,696.70. Insiders own 0.70% of the company’s stock.

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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