Law Debenture (LON:LWDB) Sets New 12-Month High – Here’s Why

Shares of Law Debenture Co. (LON:LWDBGet Free Report) hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 1,106 and last traded at GBX 1,102, with a volume of 138315 shares traded. The stock had previously closed at GBX 1,104.

Law Debenture Price Performance

The firm has a market cap of £1.50 billion, a price-to-earnings ratio of 8.75 and a beta of 0.93. 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’s fifty day moving average price is GBX 1,046.53 and its 200-day moving average price is GBX 1,027.93.

Insiders Place Their Bets

In other Law Debenture news, insider Denis Jackson sold 67,485 shares of the company’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of GBX 1,022, for a total value of £689,696.70. Also, insider Trish Houston bought 30 shares of the stock in a transaction on Wednesday, November 12th. The shares were bought at an average cost of GBX 1,053 per share, with a total value of £315.90. Corporate insiders own 0.70% of the company’s stock.

About Law Debenture

(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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