Law Debenture (LON:LWDB) Reaches New 52-Week High – Here’s Why

Law Debenture Co. (LON:LWDB) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 1,132 and last traded at GBX 1,130.95, with a volume of 13023 shares changing hands. The stock had previously closed at GBX 1,114.

Law Debenture Stock Performance

The stock has a 50-day moving average of GBX 1,051.97 and a 200 day moving average of GBX 1,031.32. The company has a debt-to-equity ratio of 18.53, a quick ratio of 3.21 and a current ratio of 3.01. The firm has a market capitalization of £1.50 billion, a P/E ratio of 8.76 and a beta of 0.93.

Insider Buying and Selling

In other news, insider Denis Jackson sold 67,485 shares of Law Debenture stock in a transaction on 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 purchased 30 shares of the business’s stock in a transaction dated Wednesday, November 12th. The shares were purchased at an average cost of GBX 1,053 per share, for a total transaction of £315.90. Company 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.