Law Debenture (LON:LWDB) Share Price Passes Below Two Hundred Day Moving Average – Here’s Why

Law Debenture Co. (LON:LWDB) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 883.44 ($11.05) and traded as low as GBX 880.80 ($11.02). Law Debenture shares last traded at GBX 893 ($11.17), with a volume of 42,811 shares traded.

Law Debenture Trading Down 0.1 %

The company has a current ratio of 3.01, a quick ratio of 3.21 and a debt-to-equity ratio of 18.53. The firm has a market capitalization of £1.17 billion, a PE ratio of 825.82 and a beta of 0.93. The firm has a 50 day simple moving average of GBX 887.59 and a 200 day simple moving average of GBX 883.73.

Law Debenture Dividend Announcement

The business also recently declared a dividend, which will be paid on Thursday, January 23rd. Stockholders of record on Thursday, December 19th will be issued a dividend of GBX 8 ($0.10) per share. This represents a dividend yield of 0.88%. The ex-dividend date of this dividend is Thursday, December 19th. Law Debenture’s payout ratio is presently 2,962.96%.

Law Debenture Company Profile

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.