Law Debenture (LON:LWDB) Sets New 1-Year High – Here’s Why

Law Debenture Co. (LON:LWDB) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 1,106 and last traded at GBX 1,102, with a volume of 138315 shares trading hands. The stock had previously closed at GBX 1,104.

Law Debenture Stock Performance

The stock has a fifty day simple moving average of GBX 1,043.68 and a 200-day simple moving average of GBX 1,026.70. The stock has a market cap of £1.47 billion, a P/E ratio of 8.60 and a beta of 0.93. The company has a debt-to-equity ratio of 18.53, a quick ratio of 3.21 and a current ratio of 3.01.

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 that occurred on Monday, November 17th. The stock was sold at an average price of GBX 1,022, for a total transaction of £689,696.70. Also, insider Trish Houston purchased 30 shares of the firm’s stock in a transaction dated Wednesday, November 12th. The shares were acquired at an average cost of GBX 1,053 per share, with a total value of £315.90. 0.70% of the stock is currently owned by company insiders.

About Law Debenture

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.