Law Debenture (LON:LWDB) Issues Earnings Results
by Mitch Edgeman · The Markets DailyLaw Debenture (LON:LWDB – Get Free Report) posted its earnings results on Friday. The investment trust reported GBX 23.04 EPS for the quarter, Digital Look Earnings reports. Law Debenture had a return on equity of 26.88% and a net margin of 81.41%.
Law Debenture Stock Up 0.7%
Shares of Law Debenture stock traded up GBX 8 during trading on Friday, reaching GBX 1,234. 138,336 shares of the company traded hands, compared to its average volume of 219,392. The company has a debt-to-equity ratio of 18.15, a current ratio of 84.30 and a quick ratio of 3.21. The company has a 50 day moving average price of GBX 1,207.87 and a 200-day moving average price of GBX 1,158.48. The firm has a market capitalization of £1.64 billion, a PE ratio of 5.38 and a beta of 1.22. Law Debenture has a 1-year low of GBX 977.40 and a 1-year high of GBX 1,245.
Insider Transactions at Law Debenture
In other news, insider Denis Jackson bought 733 shares of the stock in a transaction dated Tuesday, July 7th. The stock was bought at an average price of GBX 1,225 per share, for a total transaction of £8,979.25. Company insiders own 0.70% of the company’s stock.
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.