Law Debenture (LON:LWDB) Stock Price Passes Above 50 Day Moving Average – What’s Next?

Law Debenture Co. (LON:LWDB) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 1,065.31 and traded as high as GBX 1,136. Law Debenture shares last traded at GBX 1,124, with a volume of 259,761 shares traded.

Law Debenture Price Performance

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 company has a 50-day moving average of GBX 1,065.31 and a 200-day moving average of GBX 1,036.30. The firm has a market capitalization of £1.50 billion, a price-to-earnings ratio of 8.76 and a beta of 0.93.

Insider Activity at Law Debenture

In other news, insider Denis Jackson sold 67,485 shares of the stock in a transaction on Monday, November 17th. The shares were sold at an average price of GBX 1,022, for a total transaction of £689,696.70. Also, insider Trish Houston acquired 30 shares of the company’s stock in a transaction that occurred on Wednesday, November 12th. The shares were bought at an average price of GBX 1,053 per share, for a total transaction of £315.90. 0.70% of the stock is owned by corporate 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.