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Law Debenture (LON:LWDB) Sets New 52-Week High - Time to Buy?

Law Debenture logo with Financial Services background

Shares of Law Debenture Co. (LON:LWDB - Get Free Report) hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 1,012.40 ($13.55) and last traded at GBX 1,012.40 ($13.55), with a volume of 95704 shares trading hands. The stock had previously closed at GBX 1,008 ($13.50).

Law Debenture Stock Down 0.6%

The company's 50 day moving average price is GBX 969.11 and its two-hundred day moving average price is GBX 917.02. The company has a quick ratio of 3.21, a current ratio of 3.01 and a debt-to-equity ratio of 18.53. The stock has a market cap of £1.33 billion, a P/E ratio of 9.38 and a beta of 0.93.

Insider Buying and Selling

In other Law Debenture news, insider Pars Purewal acquired 343 shares of Law Debenture stock in a transaction that occurred on Tuesday, April 22nd. The stock was bought at an average price of GBX 870 ($11.65) per share, with a total value of £2,984.10 ($3,995.31). 6.32% of the stock is owned by company insiders.

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.

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