Law Debenture (LON:LWDB) Shares Pass Below 50 Day Moving Average of $791.71

The Law Debenture Co. p.l.c. (LON:LWDBGet Rating) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 791.71 ($9.70) and traded as low as GBX 753 ($9.22). Law Debenture shares last traded at GBX 756 ($9.26), with a volume of 121,422 shares changing hands.

The company has a debt-to-equity ratio of 19.42, a quick ratio of 1.58 and a current ratio of 1.62. The company has a market capitalization of £952.49 million and a price-to-earnings ratio of 6.16. The stock’s fifty day simple moving average is GBX 791.71 and its two-hundred day simple moving average is GBX 793.92.

The firm also recently declared a dividend, which will be paid on Thursday, July 7th. Shareholders of record on Wednesday, June 1st will be issued a GBX 7.25 ($0.09) dividend. This represents a yield of 0.91%. The ex-dividend date is Wednesday, June 1st. Law Debenture’s payout ratio is 0.23%.

In related news, insider Trish Houston acquired 666 shares of the business’s stock in a transaction on Thursday, April 7th. The shares were purchased at an average price of GBX 809 ($9.91) per share, for a total transaction of £5,387.94 ($6,599.63).

Law Debenture Company Profile (LON:LWDB)

The Law Debenture Corporation p.l.c., an investment trust, provides independent professional services. The company operates in two segments, Investment portfolio and Independent Professional Services. It provides corporate trust services, including bond/security trustee, escrow agent, facility agent, and bespoke trust solutions; governance services, such as pension trustee services comprising independent trustees, trustee chair, and sole corporate trustee; independent outsourced pensions executive services, including pensions management, scheme secretarial, and specialist support services to pension scheme trustees and corporates; and whistleblowing services.

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