Law Debenture (LON:LWDB) Stock Passes Above Fifty Day Moving Average of $705.11

The Law Debenture Co. p.l.c. (LON:LWDBGet Rating) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 705.11 ($8.29) and traded as high as GBX 772.03 ($9.07). Law Debenture shares last traded at GBX 768 ($9.02), with a volume of 112,481 shares traded.

Law Debenture Price Performance

The company’s fifty day moving average is GBX 705.11 and its 200 day moving average is GBX 749.35. The firm has a market cap of £973.20 million and a price-to-earnings ratio of 624.39. The company has a quick ratio of 3.21, a current ratio of 3.21 and a debt-to-equity ratio of 21.67.

Law Debenture Announces Dividend

The firm also recently announced a dividend, which was paid on Thursday, October 27th. Investors of record on Thursday, October 6th were issued a dividend of GBX 7.25 ($0.09) per share. This represents a yield of 1.1%. The ex-dividend date of this dividend was Thursday, October 6th. Law Debenture’s payout ratio is 23.88%.

Law Debenture Company Profile

(Get Rating)

The Law Debenture Corporation p.l.c., an investment trust, provides independent professional services. The company operates in two segments, Investment portfolio and Independent Professional Services. It provides corporate trust services, including bond/security trustee, escrow agent, facility agent, and bespoke trust solutions; governance services, such as pension trustee services comprising independent trustees, trustee chair, and sole corporate trustee; independent outsourced pensions executive services, including pensions management, scheme secretarial, and specialist support services to pension scheme trustees and corporates; and whistleblowing services.

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