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Law Debenture (LON:LWDB) Shares Cross Below 50 Day Moving Average - Should You Sell?

Law Debenture logo with Financial Services background

Key Points

  • Law Debenture's stock price fell below its fifty-day moving average of GBX 1,003.03, trading as low as GBX 996 during Wednesday's session.
  • The company has a market cap of £1.34 billion and reported a P/E ratio of 783.68, indicating a high valuation relative to its earnings.
  • In its last quarterly earnings report, Law Debenture announced an EPS of GBX 20.15 with a net margin of 69.85% and a return on equity of 15.91%.
  • Interested in Law Debenture? Here are five stocks we like better.

Law Debenture Co. (LON:LWDB - Get Free Report) crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 1,003.03 ($13.51) and traded as low as GBX 996 ($13.42). Law Debenture shares last traded at GBX 1,001.28 ($13.49), with a volume of 454,531 shares traded.

Law Debenture Stock 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 firm's 50-day moving average is GBX 1,002.99 and its two-hundred day moving average is GBX 951.12. The stock has a market cap of £1.34 billion, a P/E ratio of 784.34 and a beta of 0.93.

Law Debenture (LON:LWDB - Get Free Report) last posted its quarterly earnings results on Friday, July 25th. The investment trust reported GBX 20.15 earnings per share 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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