Shares of Law Debenture Co. (LON:LWDB - Get Free Report) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 890.05 ($12.01) and traded as high as GBX 947 ($12.78). Law Debenture shares last traded at GBX 945 ($12.75), with a volume of 183,702 shares changing hands.
Law Debenture Trading Up 0.9%
The firm has a market capitalization of £1.27 billion, a PE ratio of 8.95 and a beta of 0.93. 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's fifty day simple moving average is GBX 893.41 and its 200 day simple moving average is GBX 895.48.
Law Debenture (LON:LWDB - Get Free Report) last announced its quarterly earnings data on Wednesday, March 12th. The investment trust reported GBX 33.48 ($0.45) earnings per share (EPS) for the quarter. Law Debenture had a net margin of 69.85% and a return on equity of 15.91%.
Law Debenture Increases Dividend
The business 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. This represents a yield of 1.04%. This is a boost from Law Debenture's previous dividend of $8.00. The ex-dividend date was Thursday, March 20th. Law Debenture's dividend payout ratio (DPR) is presently 29.78%.
Insider Buying and Selling at Law Debenture
In other news, insider Pars Purewal bought 343 shares of the stock in a transaction dated Tuesday, April 22nd. The stock was purchased at an average price of GBX 870 ($11.74) per share, for a total transaction of £2,984.10 ($4,027.67). 6.32% of the stock is owned by company insiders.
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.
Further Reading
Before you consider Law Debenture, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Law Debenture wasn't on the list.
While Law Debenture currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
