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

Shares of Law Debenture Co. (LON:LWDBGet Free Report) hit a new 52-week high during trading on Thursday . The company traded as high as GBX 1,226.82 and last traded at GBX 1,218, with a volume of 131023 shares trading hands. The stock had previously closed at GBX 1,216.

Law Debenture Trading Up 0.3%

The business’s 50 day simple moving average is GBX 1,140.85 and its 200 day simple moving average is GBX 1,109.77. The stock has a market cap of £1.62 billion, a price-to-earnings ratio of 5.32 and a beta of 0.71. The company has a quick ratio of 3.21, a current ratio of 84.30 and a debt-to-equity ratio of 18.15.

Law Debenture (LON:LWDBGet Free Report) last released its quarterly earnings data on Wednesday, March 11th. The investment trust reported GBX 37.26 earnings per share for the quarter. Law Debenture had a net margin of 81.41% and a return on equity of 26.88%.

Insider Buying and Selling at Law Debenture

In related news, insider Denis Jackson acquired 894 shares of the stock in a transaction dated Friday, May 1st. The stock was bought at an average price of GBX 1,164 per share, for a total transaction of £10,406.16. 0.70% of the stock is owned by corporate insiders.

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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