Law Debenture (LON:LWDB) Stock Price Passes Below 200-Day Moving Average – Should You Sell?

Shares of Law Debenture Co. (LON:LWDB) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 885.41 ($10.81) and traded as low as GBX 874 ($10.67). Law Debenture shares last traded at GBX 879 ($10.73), with a volume of 268,491 shares.

Law Debenture Stock Down 0.7 %

The company has a debt-to-equity ratio of 18.53, a quick ratio of 3.21 and a current ratio of 3.01. The company has a market cap of £1.15 billion, a price-to-earnings ratio of 808.33 and a beta of 0.93. The business’s 50 day simple moving average is GBX 888.98 and its 200-day simple moving average is GBX 885.41.

Law Debenture Dividend Announcement

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