Law Debenture (LON:LWDB) Hits New 1-Year High – Should You Buy?

Law Debenture Co. (LON:LWDB)’s stock price hit a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 1,204 and last traded at GBX 1,202, with a volume of 12441 shares. The stock had previously closed at GBX 1,194.

Law Debenture Stock Up 0.6%

The company has a debt-to-equity ratio of 18.15, a quick ratio of 3.21 and a current ratio of 84.30. The firm has a market cap of £1.60 billion, a PE ratio of 5.24 and a beta of 0.71. The stock has a fifty day moving average price of GBX 1,129.11 and a 200-day moving average price of GBX 1,102.83.

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

Insider Buying and Selling

In related news, insider Denis Jackson sold 5,269 shares of the business’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of GBX 1,105, for a total transaction of £58,222.45. 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.