Law Debenture (LON:LWDB) Stock Price Passes Above 50-Day Moving Average of $887.68

Shares of Law Debenture Co. (LON:LWDB) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 887.68 ($11.67) and traded as high as GBX 891.40 ($11.72). Law Debenture shares last traded at GBX 880 ($11.57), with a volume of 118,070 shares trading hands.

Law Debenture Price Performance

The company has a fifty day simple moving average of GBX 888.16 and a 200 day simple moving average of GBX 848.64. The stock has a market capitalization of £1.14 billion, a price-to-earnings ratio of 804.63 and a beta of 0.93. The company has a debt-to-equity ratio of 18.53, a quick ratio of 3.21 and a current ratio of 3.01.

Insider Activity

In related news, insider Pars Purewal acquired 16,671 shares of the stock in a transaction dated Thursday, August 29th. The stock was bought at an average price of GBX 895 ($11.77) per share, for a total transaction of £149,205.45 ($196,193.89). 6.32% of the stock is owned by company insiders.

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.