Law Debenture (LON:LWDB) Hits New 1-Year High – Here’s What Happened

Law Debenture Co. (LON:LWDB)’s stock price hit a new 52-week high on Thursday . The company traded as high as GBX 1,226.82 and last traded at GBX 1,218, with a volume of 131023 shares traded. The stock had previously closed at GBX 1,216.

Law Debenture Price Performance

The company has a quick ratio of 3.21, a current ratio of 84.30 and a debt-to-equity ratio of 18.15. The stock has a market cap of £1.62 billion, a P/E ratio of 5.30 and a beta of 0.71. The business’s 50-day simple moving average is GBX 1,136.77 and its two-hundred day simple moving average is GBX 1,107.67.

Law Debenture (LON:LWDB) last issued its earnings results on Wednesday, March 11th. The investment trust reported GBX 37.26 earnings per share for the quarter. Law Debenture had a net margin of 81.41% and a return on equity of 26.88%.

Insiders Place Their Bets

In other Law Debenture news, insider Denis Jackson sold 5,269 shares of the stock in a transaction dated Monday, March 16th. The shares were sold at an average price of GBX 1,105, for a total transaction of £58,222.45. 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.