Law Debenture (LON:LWDB) Posts 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 - ) announced its quarterly earnings data on Friday. The investment trust reported GBX 20.15 ($0.27) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Law Debenture had a net margin of 69.85% and a return on equity of 15.91%.

Law Debenture Stock Performance

Shares of LWDB opened at GBX 1,006 ($13.52) on Friday. Law Debenture has a 12-month low of GBX 737.17 ($9.91) and a 12-month high of GBX 1,024 ($13.76). The firm's 50 day moving average is GBX 980.91 and its 200-day moving average is GBX 922.96. The stock has a market capitalization of £1.33 billion, a P/E ratio of 9.36 and a beta of 0.93. The company has a debt-to-equity ratio of 18.53, a current ratio of 3.01 and a quick ratio of 3.21.

About Law Debenture

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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