Law Debenture (LON:LWDB) Reaches New 1-Year High at $831.00

Law Debenture Co. (LON:LWDB) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 831 ($10.26) and last traded at GBX 830 ($10.25), with a volume of 42671 shares. The stock had previously closed at GBX 825 ($10.19).

Law Debenture Price Performance

The business has a fifty day moving average price of GBX 788.58 and a 200-day moving average price of GBX 781.99. The company has a current ratio of 2.04, a quick ratio of 3.21 and a debt-to-equity ratio of 20.91. The stock has a market capitalization of £1.09 billion, a PE ratio of 3,055.56 and a beta of 0.91.

Law Debenture Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, April 11th. Stockholders of record on Thursday, March 7th were issued a GBX 9.13 ($0.11) dividend. This is a boost from Law Debenture’s previous dividend of $7.63. This represents a dividend yield of 1.17%. The ex-dividend date was Thursday, March 7th. Law Debenture’s dividend payout ratio is presently 11,851.85%.

Insider Transactions at Law Debenture

In related news, insider Denis Jackson sold 6,973 shares of the stock in a transaction dated Friday, April 12th. The stock was sold at an average price of GBX 783 ($9.67), for a total transaction of £54,598.59 ($67,438.97). In related news, insider Denis Jackson sold 6,973 shares of the stock in a transaction dated Friday, April 12th. The stock was sold at an average price of GBX 783 ($9.67), for a total transaction of £54,598.59 ($67,438.97). Also, insider Trish Houston acquired 678 shares of the company’s stock in a transaction on Monday, April 8th. The stock was acquired at an average price of GBX 796 ($9.83) per share, with a total value of £5,396.88 ($6,666.11). Company insiders own 7.22% of the company’s stock.

About Law Debenture

The Law Debenture Corporation p.l.c., an investment trust, provides independent professional services to companies, agencies, organizations, and individuals in the United Kingdom and internationally. The company operates through two segments, Investment Portfolio and Independent Professional Services.