Law Debenture (LON:LWDB) Stock Passes Below 200 Day Moving Average – What’s Next?

Law Debenture Co. (LON:LWDB) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 875.17 ($11.35) and traded as low as GBX 864 ($11.20). Law Debenture shares last traded at GBX 869 ($11.27), with a volume of 137,315 shares.

Law Debenture Stock Performance

The company has a market cap of £1.15 billion, a P/E ratio of 809.26 and a beta of 0.93. The company’s 50-day moving average is GBX 885.19 and its two-hundred day moving average is GBX 876.03. The company has a quick ratio of 3.21, a current ratio of 3.01 and a debt-to-equity ratio of 18.53.

Law Debenture Dividend Announcement

The firm also recently announced a dividend, which was paid on Thursday, October 24th. Shareholders of record on Thursday, September 26th were given a dividend of GBX 8 ($0.10) per share. The ex-dividend date was Thursday, September 26th. This represents a yield of 0.89%. Law Debenture’s dividend payout ratio is presently 2,962.96%.

Insider Transactions at Law Debenture

In other news, insider Pars Purewal purchased 16,671 shares of the stock in a transaction dated Thursday, August 29th. The shares were purchased at an average cost of GBX 895 ($11.61) per share, with a total value of £149,205.45 ($193,496.89). Insiders own 6.32% of the company’s stock.

Law Debenture Company Profile

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.