Law Debenture (LON:LWDB) Reaches New 52-Week High – Should You Buy?

Law Debenture Co. (LON:LWDBGet Free Report)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 1,172 and last traded at GBX 1,168, with a volume of 136305 shares changing hands. The stock had previously closed at GBX 1,156.

Law Debenture Trading Up 1.0%

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 50-day moving average of GBX 1,087.70 and a 200-day moving average of GBX 1,045.18. The firm has a market capitalization of £1.56 billion, a P/E ratio of 9.11 and a beta of 0.93.

Insider Activity

In related news, insider Denis Jackson sold 67,485 shares of Law Debenture stock in a transaction on Monday, November 17th. The shares were sold at an average price of GBX 1,022, for a total value of £689,696.70. Corporate insiders own 0.70% of the company’s stock.

Law Debenture Company Profile

(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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