Law Debenture (LON:LWDB) Shares Cross Above Fifty Day Moving Average – Here’s What Happened

by · The Cerbat Gem

Shares of Law Debenture Co. (LON:LWDB – Get Free Report) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 1,065.31 and traded as high as GBX 1,136. Law Debenture shares last traded at GBX 1,124, with a volume of 259,761 shares traded.

Law Debenture Trading Up 0.6%

The business has a fifty day moving average price of GBX 1,067.94 and a 200-day moving average price of GBX 1,037.10. The company has a quick ratio of 3.21, a current ratio of 3.01 and a debt-to-equity ratio of 18.53. The company has a market cap of £1.51 billion, a P/E ratio of 8.81 and a beta of 0.93.

Insider Buying and Selling at Law Debenture

In other Law Debenture news, insider Denis Jackson sold 67,485 shares of the company’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of GBX 1,022, for a total value of £689,696.70. Also, insider Trish Houston bought 30 shares of the company’s stock in a transaction dated Wednesday, November 12th. The shares were purchased at an average cost of GBX 1,053 per share, with a total value of £315.90. Insiders own 0.70% of the company’s stock.

About Law Debenture

(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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