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

Law Debenture Co. (LON:LWDB)’s stock price reached a new 52-week high on Tuesday . The company traded as high as GBX 1,274 and last traded at GBX 1,266, with a volume of 11403 shares changing hands. The stock had previously closed at GBX 1,254.

Law Debenture Trading Up 0.6%

The company has a debt-to-equity ratio of 16.37, a quick ratio of 3.21 and a current ratio of 71.94. The company has a market capitalization of £1.68 billion, a price-to-earnings ratio of 5.50 and a beta of 1.22. The firm has a fifty day moving average price of GBX 1,216.12 and a 200-day moving average price of GBX 1,165.95.

Law Debenture (LON:LWDB) last posted its quarterly earnings results on Friday, July 24th. The investment trust reported GBX 23.04 EPS for the quarter. Law Debenture had a return on equity of 23.85% and a net margin of 80.52%.

Insider Buying and Selling

In other news, insider Denis Jackson bought 733 shares of the company’s stock in a transaction dated Tuesday, July 7th. The stock was bought at an average cost of GBX 1,225 per share, for a total transaction of £8,979.25. 0.70% of the stock is currently 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.