Law Debenture (LON:LWDB) Sets New 1-Year High at $855.00

Law Debenture Co. (LON:LWDB) shares hit a new 52-week high during trading on Monday . The stock traded as high as GBX 855 ($10.74) and last traded at GBX 850.71 ($10.69), with a volume of 29414 shares. The stock had previously closed at GBX 849 ($10.66).

Law Debenture Stock Down 0.1 %

The company has a quick ratio of 3.21, a current ratio of 2.04 and a debt-to-equity ratio of 20.91. The company’s fifty day simple moving average is GBX 795.86 and its 200 day simple moving average is GBX 784.19. The firm has a market capitalization of £1.12 billion, a PE ratio of 3,159.26 and a beta of 0.91.

Law Debenture Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, April 11th. Shareholders of record on Thursday, March 7th were issued a GBX 9.13 ($0.11) dividend. The ex-dividend date of this dividend was Thursday, March 7th. This is a positive change from Law Debenture’s previous dividend of $7.63. This represents a yield of 1.17%. Law Debenture’s dividend payout ratio (DPR) is 11,851.85%.

Insiders Place Their Bets

In related news, insider Trish Houston acquired 678 shares of the stock in a transaction on Monday, April 8th. The stock was acquired at an average cost of GBX 796 ($10.00) per share, for a total transaction of £5,396.88 ($6,779.15). In other Law Debenture news, insider Trish Houston bought 678 shares of the stock in a transaction dated Monday, April 8th. The stock was purchased at an average cost of GBX 796 ($10.00) per share, for a total transaction of £5,396.88 ($6,779.15). Also, insider Denis Jackson sold 6,973 shares of Law Debenture stock in a transaction that occurred on Friday, April 12th. The shares were sold at an average price of GBX 783 ($9.84), for a total transaction of £54,598.59 ($68,582.58). 7.22% of the stock is currently owned by company insiders.

About Law Debenture

The Law Debenture Corporation p.l.c., an investment trust, provides independent professional services to companies, agencies, organizations, and individuals in the United Kingdom and internationally. The company operates through two segments, Investment Portfolio and Independent Professional Services.