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

Law Debenture Co. (LON:LWDBGet Free Report)’s share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 896.58 ($11.27) and traded as high as GBX 916.77 ($11.52). Law Debenture shares last traded at GBX 913 ($11.47), with a volume of 164,571 shares trading hands.

Law Debenture Trading Up 0.1 %

The company has a debt-to-equity ratio of 18.53, a quick ratio of 3.21 and a current ratio of 3.01. The company has a market capitalization of £1.21 billion, a price-to-earnings ratio of 8.50 and a beta of 0.93. The business’s 50-day simple moving average is GBX 896.58 and its 200-day simple moving average is GBX 890.44.

Law Debenture Dividend Announcement

The business also recently declared a dividend, which was paid on Thursday, January 23rd. Stockholders of record on Thursday, December 19th were paid a GBX 8 ($0.10) dividend. The ex-dividend date was Thursday, December 19th. This represents a dividend yield of 0.88%. Law Debenture’s dividend payout ratio (DPR) is presently 29.78%.

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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