Law Debenture (LON:LWDB) Hits New 12-Month High – What’s Next?

Law Debenture Co. (LON:LWDB) shares reached a new 52-week high on Monday . The company traded as high as GBX 1,290 and last traded at GBX 1,274.72, with a volume of 23880 shares. The stock had previously closed at GBX 1,276.

Law Debenture Trading Down 0.2%

The firm has a market capitalization of £1.69 billion, a price-to-earnings ratio of 5.58 and a beta of 1.22. The company has a fifty day moving average price of GBX 1,222.16 and a 200-day moving average price of GBX 1,172.55. The company has a current ratio of 71.94, a quick ratio of 3.21 and a debt-to-equity ratio of 16.37.

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

Insider Buying and Selling

In other Law Debenture news, insider Denis Jackson purchased 733 shares of the company’s stock in a transaction dated Tuesday, July 7th. The shares were bought at an average price of GBX 1,225 per share, for a total transaction of £8,979.25. 0.70% of the stock is owned by corporate 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.