Law Debenture (LON:LWDB) Hits New 52-Week High – Should You Buy?

Law Debenture Co. (LON:LWDB)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 1,254 and last traded at GBX 1,242, with a volume of 256505 shares. The stock had previously closed at GBX 1,234.

Law Debenture Stock Performance

The company has a quick ratio of 3.21, a current ratio of 71.94 and a debt-to-equity ratio of 16.37. The firm has a 50-day moving average of GBX 1,213.32 and a two-hundred day moving average of GBX 1,162.84. The company has a market capitalization of £1.66 billion, a PE ratio of 5.44 and a beta of 1.22.

Law Debenture (LON:LWDB) last issued its quarterly earnings data on Friday, July 24th. The investment trust reported GBX 23.04 EPS for the quarter. Law Debenture had a net margin of 80.52% and a return on equity of 23.85%.

Insider Buying and Selling

In other news, insider Denis Jackson purchased 733 shares of the company’s stock in a transaction that occurred on Tuesday, July 7th. The shares were bought at an average price of GBX 1,225 per share, for a total transaction of £8,979.25. Corporate 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.