Law Debenture (LON:LWDB) Stock Crosses Below Two Hundred Day Moving Average – Should You Sell?

Shares of Law Debenture Co. (LON:LWDB) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 875.17 ($11.35) and traded as low as GBX 864 ($11.20). Law Debenture shares last traded at GBX 869 ($11.27), with a volume of 137,315 shares.

Law Debenture Price Performance

The company has a quick ratio of 3.21, a current ratio of 3.01 and a debt-to-equity ratio of 18.53. The stock has a market cap of £1.15 billion, a P/E ratio of 809.26 and a beta of 0.93. The firm’s fifty day moving average price is GBX 885.19 and its 200-day moving average price is GBX 876.03.

Law Debenture Announces Dividend

The business also recently declared a dividend, which was paid on Thursday, October 24th. Investors of record on Thursday, September 26th were issued a GBX 8 ($0.10) dividend. This represents a yield of 0.89%. The ex-dividend date of this dividend was Thursday, September 26th. Law Debenture’s dividend payout ratio (DPR) is currently 2,962.96%.

Insider Buying and Selling at Law Debenture

In other news, insider Pars Purewal acquired 16,671 shares of the stock in a transaction on Thursday, August 29th. The stock was acquired at an average price of GBX 895 ($11.61) per share, with a total value of £149,205.45 ($193,496.89). Insiders own 6.32% 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.