Law Debenture (LON:LWDB) Hits New 1-Year High – What’s Next?

Shares of Law Debenture Co. (LON:LWDB) hit a new 52-week high during trading on Thursday . The company traded as high as GBX 1,092.94 and last traded at GBX 1,092, with a volume of 424869 shares trading hands. The stock had previously closed at GBX 1,088.

Law Debenture Price Performance

The company’s 50 day simple moving average is GBX 1,041 and its 200 day simple moving average is GBX 1,024.53. The stock has a market cap of £1.46 billion, a P/E ratio of 8.56 and a beta of 0.93. The company has a debt-to-equity ratio of 18.53, a current ratio of 3.01 and a quick ratio of 3.21.

Insider Transactions at Law Debenture

In other Law Debenture news, insider Denis Jackson sold 67,485 shares of the stock in a transaction dated Monday, November 17th. The stock was sold at an average price of GBX 1,022, for a total value of £689,696.70. Also, insider Trish Houston acquired 30 shares of the business’s stock in a transaction dated Wednesday, November 12th. The shares were acquired at an average price of GBX 1,053 per share, for a total transaction of £315.90. 0.70% of the stock is currently owned by insiders.

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.