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Law Debenture (LON:LWDB) Stock Price Crosses Above 50-Day Moving Average - Here's What Happened

Law Debenture logo with Financial Services background

Key Points

  • Law Debenture Co. (LON:LWDB) shares surpassed their 50-day moving average during trading, indicating a potentially positive trend in stock prices.
  • The company's latest earnings report showed earnings per share (EPS) of GBX 20.15, with a high net margin of 69.85% and a return on equity of 15.91%.
  • Law Debenture's market capitalization is approximately £1.34 billion, with a current ratio of 3.01 and a debt-to-equity ratio of 18.53, reflecting its financial health.
  • Five stocks to consider instead of Law Debenture.

Law Debenture Co. (LON:LWDB - Get Free Report)'s share price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 1,002.69 ($13.56) and traded as high as GBX 1,007.10 ($13.62). Law Debenture shares last traded at GBX 1,000 ($13.53), with a volume of 148,354 shares.

Law Debenture Price Performance

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 £1.34 billion, a P/E ratio of 782.78 and a beta of 0.93. The firm's fifty day moving average price is GBX 1,002.69 and its 200-day moving average price is GBX 945.65.

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

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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