Law Debenture (LON:LWDB) Stock Crosses Above Fifty Day Moving Average of $838.48

Law Debenture Co. (LON:LWDBGet Free Report)’s stock price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 838.48 ($10.71) and traded as high as GBX 878 ($11.21). Law Debenture shares last traded at GBX 862 ($11.01), with a volume of 161,415 shares trading hands.

Law Debenture Stock Down 1.6 %

The company has a 50-day simple moving average of GBX 838.48 and a 200-day simple moving average of GBX 802.78. The firm has a market cap of £1.13 billion, a PE ratio of 1,486.21 and a beta of 0.89. The company has a debt-to-equity ratio of 19.86, a current ratio of 1.73 and a quick ratio of 3.21.

Law Debenture Cuts Dividend

The company also recently declared a dividend, which will be paid on Thursday, July 4th. Investors of record on Thursday, May 30th will be issued a GBX 8 ($0.10) dividend. The ex-dividend date of this dividend is Thursday, May 30th. This represents a dividend yield of 0.9%. Law Debenture’s payout ratio is 5,517.24%.

Insider Activity at Law Debenture

In related news, insider Denis Jackson sold 6,973 shares of the business’s stock in a transaction that occurred on Friday, April 12th. The stock was sold at an average price of GBX 783 ($10.00), for a total value of £54,598.59 ($69,730.00). In other Law Debenture news, insider Trish Houston acquired 678 shares of Law Debenture stock in a transaction that occurred on Monday, April 8th. The stock was bought at an average price of GBX 796 ($10.17) per share, with a total value of £5,396.88 ($6,892.57). Also, insider Denis Jackson sold 6,973 shares of the business’s stock in a transaction that occurred on Friday, April 12th. The stock was sold at an average price of GBX 783 ($10.00), for a total transaction of £54,598.59 ($69,730.00). 6.35% of the stock is owned by company insiders.

About Law Debenture

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Law Debenture Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Law Debenture and related companies with MarketBeat.com's FREE daily email newsletter.