Free Trial

Law Debenture (LON:LWDB) Hits New 52-Week High - Should You Buy?

Law Debenture logo with Financial Services background

Law Debenture Co. (LON:LWDB - Get Free Report) hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 975 ($13.23) and last traded at GBX 974.95 ($13.23), with a volume of 51752 shares traded. The stock had previously closed at GBX 968 ($13.13).

Law Debenture Stock Down 0.9%

The company's fifty day simple moving average is GBX 916 and its 200 day simple moving average is GBX 902.16. 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 firm has a market capitalization of £1.28 billion, a P/E ratio of 9.04 and a beta of 0.93.

Law Debenture (LON:LWDB - Get Free Report) last released its quarterly earnings results on Wednesday, March 12th. The investment trust reported GBX 33.48 ($0.45) earnings per share (EPS) for the quarter. Law Debenture had a net margin of 69.85% and a return on equity of 15.91%.

Insiders Place Their Bets

In related news, insider Pars Purewal purchased 343 shares of the company's stock in a transaction dated Tuesday, April 22nd. The shares were purchased at an average cost of GBX 870 ($11.80) per share, with a total value of £2,984.10 ($4,048.98). Company insiders own 6.32% of the company's stock.

Law Debenture Company Profile

(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.

Read More

Should You Invest $1,000 in Law Debenture Right Now?

Before you consider Law Debenture, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Law Debenture wasn't on the list.

While Law Debenture currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Beginner's Guide To Retirement Stocks Cover

Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Congress Bought This Stock at the Bottom—Will You Miss It?
The Drone Industry Is About to 10X—Here’s How to Profit
Why AMD Stock Beats NVIDIA Right Now

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines