Law Debenture (LON:LWDB) Sets New 1-Year High – Time to Buy?

Shares of Law Debenture Co. (LON:LWDB) reached a new 52-week high on Tuesday . The stock traded as high as GBX 1,274 and last traded at GBX 1,266, with a volume of 11403 shares traded. The stock had previously closed at GBX 1,254.

Law Debenture Stock Up 0.6%

The stock has a fifty day moving average price of GBX 1,216.12 and a two-hundred day moving average price of GBX 1,165.95. The company has a market cap of £1.68 billion, a price-to-earnings ratio of 5.50 and a beta of 1.22. The company has a quick ratio of 3.21, a current ratio of 71.94 and a debt-to-equity ratio of 16.37.

Law Debenture (LON:LWDB) last released its quarterly earnings results on Friday, July 24th. The investment trust reported GBX 23.04 EPS for the quarter. Law Debenture had a net margin of 80.52% and a return on equity of 23.85%.

Insider Activity

In other Law Debenture news, insider Denis Jackson bought 733 shares of the stock in a transaction dated Tuesday, July 7th. The shares were bought at an average cost of GBX 1,225 per share, with a total value of £8,979.25. 0.70% of the stock is currently owned by insiders.

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.