Law Debenture (LON:LWDB) Hits New 1-Year High – What’s Next?
by Michael Walen · The Markets DailyLaw Debenture Co. (LON:LWDB – Get Free Report)’s stock price reached a new 52-week high on Friday . The company traded as high as GBX 1,072 and last traded at GBX 1,066, with a volume of 77618 shares. The stock had previously closed at GBX 1,054.
Law Debenture Stock Up 1.1%
The company has a quick ratio of 3.21, a current ratio of 3.01 and a debt-to-equity ratio of 18.53. The company has a market capitalization of £1.42 billion, a price-to-earnings ratio of 8.31 and a beta of 0.93. The stock’s fifty day moving average price is GBX 1,037.24 and its 200-day moving average price is GBX 1,019.99.
Insider Buying and Selling at Law Debenture
In other Law Debenture news, insider Trish Houston purchased 30 shares of the stock in a transaction on Wednesday, November 12th. The shares were purchased at an average cost of GBX 1,053 per share, for a total transaction of £315.90. Also, insider Denis Jackson sold 67,485 shares of the stock in a transaction dated Monday, November 17th. The stock was sold at an average price of GBX 1,022, for a total transaction of £689,696.70. 0.70% of the stock is currently owned by 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.