Law Debenture (LON:LWDB) Stock Price Passes Below 200-Day Moving Average – Time to Sell?

Shares of Law Debenture Co. (LON:LWDB) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 883.44 ($10.94) and traded as low as GBX 880.80 ($10.90). Law Debenture shares last traded at GBX 893 ($11.05), with a volume of 42,811 shares changing hands.

Law Debenture Stock Down 0.9 %

The business’s fifty day simple moving average is GBX 888.11 and its 200 day simple moving average is GBX 884.07. 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 stock has a market cap of £1.17 billion, a price-to-earnings ratio of 825.93 and a beta of 0.93.

Law Debenture Announces Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, January 23rd. Investors of record on Thursday, December 19th will be issued a GBX 8 ($0.10) dividend. The ex-dividend date is Thursday, December 19th. This represents a yield of 0.88%. Law Debenture’s dividend payout ratio is presently 2,962.96%.

Law Debenture Company Profile

The Law Debenture Corporation p.l.c., an investment trust, provides independent professional services to companies, agencies, organizations, and individuals in the United Kingdom and internationally. The company operates through two segments, Investment Portfolio and Independent Professional Services.