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

Shares of 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 changing hands.

Law Debenture Stock Down 0.1 %

The company’s 50-day simple moving average is GBX 887.59 and its two-hundred day simple moving average is GBX 883.73. The firm has a market capitalization of £1.17 billion, a P/E ratio of 825.82 and a beta of 0.93. The company has a debt-to-equity ratio of 18.53, a current ratio of 3.01 and a quick ratio of 3.21.

Law Debenture Dividend Announcement

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