Law Debenture (LON:LWDB) Sets New 1-Year High at $831.00

Law Debenture Co. (LON:LWDB) hit a new 52-week high on Tuesday . The company traded as high as GBX 831 ($10.26) and last traded at GBX 830 ($10.25), with a volume of 42671 shares. The stock had previously closed at GBX 825 ($10.19).

Law Debenture Trading Up 0.7 %

The company has a quick ratio of 3.21, a current ratio of 2.04 and a debt-to-equity ratio of 20.91. The stock has a market capitalization of £1.10 billion, a P/E ratio of 3,092.59 and a beta of 0.91. The firm’s 50 day simple moving average is GBX 790 and its two-hundred day simple moving average is GBX 782.38.

Law Debenture Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, April 11th. Shareholders of record on Thursday, March 7th were paid a GBX 9.13 ($0.11) dividend. This is an increase from Law Debenture’s previous dividend of $7.63. This represents a yield of 1.17%. The ex-dividend date was Thursday, March 7th. Law Debenture’s payout ratio is 11,851.85%.

Insider Buying and Selling at Law Debenture

In related news, insider Trish Houston purchased 678 shares of the firm’s stock in a transaction on Monday, April 8th. The stock was purchased at an average cost of GBX 796 ($9.83) per share, with a total value of £5,396.88 ($6,666.11). In other Law Debenture news, insider Trish Houston bought 678 shares of the firm’s stock in a transaction dated Monday, April 8th. The stock was bought at an average cost of GBX 796 ($9.83) per share, with a total value of £5,396.88 ($6,666.11). Also, insider Denis Jackson sold 6,973 shares of the business’s stock in a transaction dated Friday, April 12th. The stock was sold at an average price of GBX 783 ($9.67), for a total transaction of £54,598.59 ($67,438.97). Insiders own 7.22% of the company’s stock.

About Law Debenture

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.