Law Debenture (LON:LWDB) Releases Quarterly Earnings Results

Key Points

• Law Debenture reported earnings of GBX 20.15 ($0.27) per share for the latest quarter, reflecting a net margin of 69.85% and a return on equity of 15.91%.
• As of Friday, shares opened at GBX 1,006 ($13.52), with a market capitalization of £1.33 billion and a P/E ratio of 9.36.
• Law Debenture operates as an investment trust that also includes an independent professional services business, aiming for long-term capital growth and increasing income.

Law Debenture (LON:LWDB - Get Free Report) posted its earnings results on Friday. The investment trust reported GBX 20.15 ($0.27) EPS for the quarter, Digital Look Earnings reports. Law Debenture had a return on equity of 15.91% and a net margin of 69.85%.

Law Debenture Stock Down 0.8%

Shares of LON:LWDB traded down GBX 8 ($0.11) during midday trading on Wednesday, hitting GBX 1,006 ($13.43). 123,437 shares of the company's stock traded hands, compared to its average volume of 228,181. Law Debenture has a twelve month low of GBX 737.17 ($9.84) and a twelve month high of GBX 1,028 ($13.73). The company has a market cap of £1.33 billion, a PE ratio of 9.36 and a beta of 0.93. The company has a debt-to-equity ratio of 18.53, a quick ratio of 3.21 and a current ratio of 3.01. The firm's fifty day moving average price is GBX 983.43 and its two-hundred day moving average price is GBX 925.18.

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.