Law Debenture (LON:LWDB) Reaches New 52-Week High at $855.00

Law Debenture Co. (LON:LWDB) reached a new 52-week high during trading on Monday . The company traded as high as GBX 855 ($10.56) and last traded at GBX 850.71 ($10.51), with a volume of 29414 shares changing hands. The stock had previously closed at GBX 849 ($10.49).

Law Debenture Stock Up 0.3 %

The business has a fifty day moving average of GBX 794.28 and a 200 day moving average of GBX 783.72. The firm has a market cap of £1.12 billion, a P/E ratio of 3,144.44 and a beta of 0.91. The company has a quick ratio of 3.21, a current ratio of 2.04 and a debt-to-equity ratio of 20.91.

Law Debenture Increases Dividend

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

Insider Buying and Selling at Law Debenture

In other Law Debenture news, insider Trish Houston bought 678 shares of the firm’s stock in a transaction on Monday, April 8th. The stock was purchased at an average cost of GBX 796 ($9.83) per share, with a total value of £5,396.88 ($6,666.11). In related news, insider Denis Jackson sold 6,973 shares of the stock in a transaction that occurred on Friday, April 12th. The stock was sold at an average price of GBX 783 ($9.67), for a total transaction of £54,598.59 ($67,438.97). Also, insider Trish Houston purchased 678 shares of Law Debenture stock in a transaction that occurred on Monday, April 8th. The shares were bought at an average cost of GBX 796 ($9.83) per share, with a total value of £5,396.88 ($6,666.11). Insiders own 7.22% of the company’s stock.

Law Debenture Company Profile

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.