Law Debenture (LON:LWDB) Stock Price Crosses Above Fifty Day Moving Average – Here’s What Happened

Law Debenture Co. (LON:LWDBGet Free Report)’s stock price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 892.67 ($11.11) and traded as high as GBX 903 ($11.24). Law Debenture shares last traded at GBX 899 ($11.19), with a volume of 132,963 shares changing hands.

Law Debenture Stock Performance

The stock has a 50-day moving average price of GBX 892.67 and a 200 day moving average price of GBX 889.07. The firm has a market cap of £1.18 billion, a PE ratio of 833.52 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.

Law Debenture Announces Dividend

The business also recently disclosed a dividend, which was paid on Thursday, January 23rd. Stockholders of record on Thursday, December 19th were paid a dividend of GBX 8 ($0.10) per share. This represents a dividend yield of 0.88%. The ex-dividend date of this dividend was Thursday, December 19th. Law Debenture’s dividend payout ratio is currently 2,962.96%.

About Law Debenture

(Get Free Report)

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.

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