Law Debenture (LON:LWDB) Stock Price Passes Above Fifty Day Moving Average – Should You Sell?

Law Debenture Co. (LON:LWDBGet Free Report)’s share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 896.58 ($11.28) and traded as high as GBX 916.77 ($11.54). Law Debenture shares last traded at GBX 913 ($11.49), with a volume of 164,571 shares changing hands.

Law Debenture Price Performance

The business has a fifty day simple moving average of GBX 896.68 and a 200 day simple moving average of GBX 890.60. The firm has a market cap of £1.21 billion, a price-to-earnings ratio of 8.50 and a beta of 0.93. The company has a debt-to-equity ratio of 18.53, a current ratio of 3.01 and a quick ratio of 3.21.

Law Debenture Announces Dividend

The business also recently disclosed a dividend, which was paid on Thursday, January 23rd. Investors of record on Thursday, December 19th were given a dividend of GBX 8 ($0.10) per share. The ex-dividend date of this dividend was Thursday, December 19th. This represents a yield of 0.88%. Law Debenture’s payout ratio is 29.78%.

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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