Law Debenture (LON:LWDB) Posts Quarterly Earnings Results

Law Debenture (LON:LWDB) posted its earnings results on Wednesday. The investment trust reported GBX 33.48 ($0.43) EPS for the quarter, Digital Look Earnings reports. Law Debenture had a return on equity of 15.91% and a net margin of 69.85%.

Law Debenture Stock Up 0.3 %

LON LWDB opened at GBX 893.25 ($11.58) on Thursday. The business has a fifty day moving average price of GBX 900.38 and a two-hundred day moving average price of GBX 891.81. 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 has a fifty-two week low of GBX 766 ($9.93) and a fifty-two week high of GBX 929 ($12.05). The stock has a market capitalization of £1.18 billion, a PE ratio of 8.31 and a beta of 0.93.

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.