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

Law Debenture Co. (LON:LWDBGet Free Report) reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 1,240 and last traded at GBX 1,223.51, with a volume of 12170 shares trading hands. The stock had previously closed at GBX 1,228.

Law Debenture Stock Performance

The firm has a market capitalization of £1.63 billion, a PE ratio of 5.34 and a beta of 1.22. 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 company’s fifty day moving average price is GBX 1,205.67 and its two-hundred day moving average price is GBX 1,156.

Insider Buying and Selling

In related news, insider Denis Jackson purchased 894 shares of the business’s stock in a transaction on Friday, May 1st. The shares were bought at an average price of GBX 1,164 per share, with a total value of £10,406.16. Company insiders own 0.70% of the company’s stock.

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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