Law Debenture (LON:LWDB) Share Price Crosses Above 50 Day Moving Average – What’s Next?

Law Debenture Co. (LON:LWDB) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 1,051.97 and traded as high as GBX 1,118. Law Debenture shares last traded at GBX 1,116, with a volume of 266,179 shares changing hands.

Law Debenture Stock Performance

The stock has a market capitalization of £1.51 billion, a P/E ratio of 8.84 and a beta of 0.93. The company has a 50 day simple moving average of GBX 1,051.97 and a 200-day simple moving average of GBX 1,031.32. The company has a debt-to-equity ratio of 18.53, a current ratio of 3.01 and a quick ratio of 3.21.

Insider Activity

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

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.