Law Debenture (LON:LWDB) Reaches New 12-Month High – Here’s Why

Law Debenture Co. (LON:LWDBGet Free Report)’s stock price hit a new 52-week high during trading on Thursday . The stock 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 Trading Down 0.4%

The business’s 50 day simple moving average is GBX 1,039.16 and its two-hundred day simple moving average is GBX 1,023.17. The stock has a market cap of £1.45 billion, a P/E ratio of 8.48 and a beta of 0.93. The company has a quick ratio of 3.21, a current ratio of 3.01 and a debt-to-equity ratio of 18.53.

Insiders Place Their Bets

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 stock was 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 stock was purchased at an average price of GBX 1,053 per share, with a total value of £315.90. Insiders own 0.70% of the company’s stock.

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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