Law Debenture (LON:LWDB) Issues Earnings Results

Law Debenture (LON:LWDB) announced its earnings results on Wednesday. The investment trust reported GBX 33.48 ($0.43) earnings per share for the quarter, Digital Look Earnings reports. Law Debenture had a net margin of 69.85% and a return on equity of 15.91%.

Law Debenture Stock Up 0.8 %

Shares of LON LWDB opened at GBX 896 ($11.61) on Friday. The firm’s 50 day moving average price is GBX 900.38 and its 200 day moving average price is GBX 891.81. 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 firm has a market cap of £1.19 billion, a P/E ratio of 8.34 and a beta of 0.93. Law Debenture has a 1 year low of GBX 766 ($9.92) and a 1 year high of GBX 929 ($12.03).

Law Debenture Company Profile

LawDeb is a rare proposition; an investment trust with an independent professional services business. Our goal is to achieve long term capital growth in real terms and steadily increasing income.