Law Debenture (LON:LWDB) Stock Price Crosses Above Fifty Day Moving Average - Time to Sell?

Key Points

• Law Debenture shares exceeded their fifty-day moving average, trading at GBX 1,062 ($14.23), indicating potential market momentum.
• The company's debt-to-equity ratio stands at 18.53, showcasing a relatively low level of debt compared to equity, which could appeal to risk-averse investors.
• Law Debenture reported a net margin of 69.85% and a return on equity of 15.91%, demonstrating strong profitability and effective management of shareholder equity.

Shares of Law Debenture Co. (LON:LWDB - Get Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 1,013.76 ($13.59) and traded as high as GBX 1,064.98 ($14.27). Law Debenture shares last traded at GBX 1,062 ($14.23), with a volume of 129,509 shares changing hands.

Law Debenture Trading Down 0.2%

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 firm's 50-day moving average price is GBX 1,013.76 and its 200 day moving average price is GBX 964.11. The company has a market capitalization of £1.41 billion, a P/E ratio of 825.98 and a beta of 0.93.

Law Debenture (LON:LWDB - Get Free Report) last issued its quarterly earnings data 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%.

Law Debenture Company Profile

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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