Law Debenture (LON:LWDB) Stock Price Down 1%
Law Debenture Co. plc (LON:LWDB)’s stock price was down 1% on Thursday . The stock traded as low as GBX 594 ($7.76) and last traded at GBX 600 ($7.84), approximately 61,808 shares changed hands during mid-day trading. A decline of 53% from the average daily volume of 132,587 shares. The stock had previously closed at GBX 606 ($7.92).
The firm has a 50 day simple moving average of GBX 588.54 and a two-hundred day simple moving average of GBX 554.31. The company has a debt-to-equity ratio of 15.60, a current ratio of 5.69 and a quick ratio of 5.69. The stock has a market cap of $721.52 million and a price-to-earnings ratio of -505.00.
About Law Debenture (LON:LWDB)
The Law Debenture Corporation p.l.c. engages in investment trust and independent fiduciary services businesses. The company operates through two segments, Investment Trust and Independent Fiduciary Services. It operates as an investment trust that invests in various sectors comprising oil and gas, basic materials, industrials, consumer goods, healthcare, consumer services, telecommunications, utilities, technology, and financials.
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