Law Debenture (LON:LWDB) Shares Cross Above 50 Day Moving Average of $848.46

Law Debenture Co. (LON:LWDBGet Free Report)’s stock price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 848.46 ($10.87) and traded as high as GBX 879 ($11.26). Law Debenture shares last traded at GBX 872 ($11.17), with a volume of 104,465 shares changing hands.

Law Debenture Price Performance

The firm has a market capitalization of £1.14 billion, a P/E ratio of 1,503.45 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. The stock’s fifty day simple moving average is GBX 848.46 and its 200 day simple moving average is GBX 806.40.

Law Debenture Cuts Dividend

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

Insider Transactions at Law Debenture

In related news, insider Denis Jackson sold 6,973 shares of the company’s stock in a transaction on Friday, April 12th. The stock was sold at an average price of GBX 783 ($10.03), for a total value of £54,598.59 ($69,953.35). In other news, insider Denis Jackson sold 6,973 shares of the stock in a transaction on Friday, April 12th. The shares were sold at an average price of GBX 783 ($10.03), for a total value of £54,598.59 ($69,953.35). Also, insider Trish Houston purchased 678 shares of the stock in a transaction on Monday, April 8th. The stock was acquired at an average cost of GBX 796 ($10.20) per share, for a total transaction of £5,396.88 ($6,914.64). Insiders own 6.35% of the company’s stock.

Law Debenture Company Profile

(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.