Law Debenture Co. (LON:LWDB - Get Free Report)'s stock price passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 890.05 ($11.98) and traded as high as GBX 947 ($12.74). Law Debenture shares last traded at GBX 945 ($12.72), with a volume of 183,702 shares traded.
Law Debenture Stock Performance
The company has a market cap of £1.27 billion, a P/E ratio of 8.95 and a beta of 0.93. The company has a 50 day moving average price of GBX 894.69 and a 200-day moving average price of GBX 896. The company has a quick ratio of 3.21, a current ratio of 3.01 and a debt-to-equity ratio of 18.53.
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 return on equity of 15.91% and a net margin of 69.85%.
Law Debenture Increases Dividend
The company also recently announced a dividend, which was paid on Wednesday, April 16th. Investors of record on Thursday, March 20th were paid a dividend of GBX 9.50 ($0.13) per share. The ex-dividend date was Thursday, March 20th. This represents a yield of 1.04%. This is a boost from Law Debenture's previous dividend of $8.00. Law Debenture's dividend payout ratio (DPR) is currently 29.78%.
Insider Activity at Law Debenture
In other news, insider Pars Purewal bought 343 shares of the firm's stock in a transaction that occurred on Tuesday, April 22nd. The stock was acquired at an average price of GBX 870 ($11.71) per share, with a total value of £2,984.10 ($4,015.20). Company insiders own 6.32% of the company's stock.
About Law Debenture
(
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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