Law Debenture (LON:LWDB) Stock Price Crosses Above 50-Day Moving Average of $773.98

The Law Debenture Co. p.l.c. (LON:LWDBGet Rating) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 773.98 ($9.48) and traded as high as GBX 778.55 ($9.54). Law Debenture shares last traded at GBX 773 ($9.47), with a volume of 130,845 shares.

Law Debenture Trading Down 0.6 %

The company has a current ratio of 3.21, a quick ratio of 3.21 and a debt-to-equity ratio of 21.67. The firm has a 50-day moving average of GBX 773.98 and a 200 day moving average of GBX 788.73. The stock has a market capitalization of £975.76 million and a price-to-earnings ratio of 628.46.

Law Debenture Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, July 7th. Investors of record on Wednesday, June 1st were issued a GBX 7.25 ($0.09) dividend. This represents a yield of 0.91%. The ex-dividend date was Wednesday, June 1st. Law Debenture’s payout ratio is currently 2,357.72%.

Law Debenture Company Profile

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The Law Debenture Corporation p.l.c., an investment trust, provides independent professional services. The company operates in two segments, Investment portfolio and Independent Professional Services. It provides corporate trust services, including bond/security trustee, escrow agent, facility agent, and bespoke trust solutions; governance services, such as pension trustee services comprising independent trustees, trustee chair, and sole corporate trustee; independent outsourced pensions executive services, including pensions management, scheme secretarial, and specialist support services to pension scheme trustees and corporates; and whistleblowing services.

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