Law Debenture (LON:LWDB) Share Price Crosses Below 50-Day Moving Average – Should You Sell?

Law Debenture Co. (LON:LWDB)’s stock price passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 1,037.94 and traded as low as GBX 1,023.36. Law Debenture shares last traded at GBX 1,034, with a volume of 140,166 shares trading hands.

Law Debenture Stock Up 0.6%

The company has a current ratio of 3.01, a quick ratio of 3.21 and a debt-to-equity ratio of 18.53. The stock has a market capitalization of £1.39 billion, a PE ratio of 8.11 and a beta of 0.93. The stock’s fifty day simple moving average is GBX 1,037.94 and its 200-day simple moving average is GBX 1,007.92.

Insider Transactions at Law Debenture

In other Law Debenture news, insider Denis Jackson sold 67,485 shares of the company’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of GBX 1,022, for a total value of £689,696.70. Also, insider Trish Houston bought 30 shares of the company’s stock in a transaction on Wednesday, November 12th. The shares were purchased at an average cost of GBX 1,053 per share, for a total transaction of £315.90. Corporate insiders own 0.70% of the company’s stock.

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.