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Law Debenture (LON:LWDB) Stock Passes Above Fifty Day Moving Average - What's Next?

Law Debenture logo with Financial Services background

Key Points

  • The share price of Law Debenture (LON:LWDB) has crossed above its 50-day moving average of GBX 999.49, trading as high as GBX 1,018 on Friday.
  • The company reported earnings of GBX 20.15 per share for the last quarter, with a net margin of 69.85% and a return on equity of 15.91%.
  • Law Debenture holds a market capitalization of £1.34 billion and has a good liquidity position with a quick ratio of 3.21 and a current ratio of 3.01.
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Shares of Law Debenture Co. (LON:LWDB - Get Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 999.49 ($13.48) and traded as high as GBX 1,018 ($13.73). Law Debenture shares last traded at GBX 1,016 ($13.70), with a volume of 102,193 shares trading hands.

Law Debenture Trading Down 0.4%

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 stock has a market capitalization of £1.32 billion, a PE ratio of 9.29 and a beta of 0.93. The stock has a 50-day moving average price of GBX 1,000.71 and a two-hundred day moving average price of GBX 939.92.

Law Debenture (LON:LWDB - Get Free Report) last posted its quarterly earnings data on Friday, July 25th. The investment trust reported GBX 20.15 earnings per share for the quarter. Law Debenture had a return on equity of 15.91% and a net margin of 69.85%.

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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