Law Debenture (LON:LWDB) Share Price Crosses Above Fifty Day Moving Average – Here’s Why

Shares of Law Debenture Co. (LON:LWDBGet Free Report) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 896.98 ($11.33) and traded as high as GBX 908.93 ($11.48). Law Debenture shares last traded at GBX 905 ($11.43), with a volume of 91,359 shares.

Law Debenture Price Performance

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 firm has a market cap of £1.20 billion, a PE ratio of 8.42 and a beta of 0.93. The stock has a 50 day simple moving average of GBX 896.98 and a 200-day simple moving average of GBX 890.62.

Law Debenture Dividend Announcement

The firm also recently declared a dividend, which was paid on Thursday, January 23rd. Shareholders of record on Thursday, December 19th were paid a GBX 8 ($0.10) dividend. The ex-dividend date was Thursday, December 19th. This represents a yield of 0.88%. Law Debenture’s payout ratio is presently 29.78%.

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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