Law Debenture (LON:LWDB) Hits New 1-Year High – Here’s What Happened

Shares of Law Debenture Co. (LON:LWDB) hit a new 52-week high during trading on Thursday . The stock traded as high as GBX 1,226.82 and last traded at GBX 1,218, with a volume of 131023 shares changing hands. The stock had previously closed at GBX 1,216.

Law Debenture Stock Performance

The company’s fifty day moving average price is GBX 1,136.77 and its 200 day moving average price is GBX 1,107.67. The company has a market cap of £1.62 billion, a PE ratio of 5.30 and a beta of 0.71. The company has a debt-to-equity ratio of 18.15, a current ratio of 84.30 and a quick ratio of 3.21.

Law Debenture (LON:LWDB) last posted its quarterly earnings results on Wednesday, March 11th. The investment trust reported GBX 37.26 earnings per share for the quarter. Law Debenture had a net margin of 81.41% and a return on equity of 26.88%.

Insiders Place Their Bets

In related news, insider Denis Jackson sold 5,269 shares of the stock in a transaction dated Monday, March 16th. The shares were sold at an average price of GBX 1,105, for a total transaction of £58,222.45. Insiders own 0.70% of the company’s stock.

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.