Law Debenture (LON:LWDB) Stock Crosses Below 50-Day Moving Average – Time to Sell?

Shares of Law Debenture Co. (LON:LWDB) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 886.40 ($11.08) and traded as low as GBX 875 ($10.94). Law Debenture shares last traded at GBX 876 ($10.95), with a volume of 251,917 shares trading hands.

Law Debenture Price Performance

The firm has a market capitalization of £1.14 billion, a P/E ratio of 807.08 and a beta of 0.93. 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 50 day moving average price of GBX 886.40 and a 200-day moving average price of GBX 882.70.

Law Debenture Dividend Announcement

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

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.