Law Debenture (LON:LWDB) Releases Quarterly Earnings Results

Law Debenture (LON:LWDB) issued its quarterly earnings data on Wednesday. The investment trust reported GBX 33.48 ($0.43) earnings per share (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 1.2 %

LON LWDB traded up GBX 11.07 ($0.14) during trading on Friday, hitting GBX 900.07 ($11.66). The stock had a trading volume of 59,665 shares, compared to its average volume of 235,385. The company has a market capitalization of £1.19 billion, a PE ratio of 8.38 and a beta of 0.93. The company’s 50-day moving average price is GBX 900.38 and its two-hundred day moving average price is GBX 891.81. The company has a debt-to-equity ratio of 18.53, a quick ratio of 3.21 and a current ratio of 3.01. Law Debenture has a 12 month low of GBX 766 ($9.92) and a 12 month high of GBX 929 ($12.03).

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.