Law Debenture (LON:LWDB) Releases Quarterly Earnings Results

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

Law Debenture Trading Up 1.2 %

Shares of Law Debenture stock traded up GBX 11.07 ($0.14) during trading on Friday, hitting GBX 900.07 ($11.66). 59,665 shares of the company were exchanged, compared to its average volume of 235,385. The company has a debt-to-equity ratio of 18.53, a current ratio of 3.01 and a quick ratio of 3.21. The firm’s fifty day moving average price is GBX 900.38 and its 200 day moving average price is GBX 891.81. Law Debenture has a 1-year low of GBX 766 ($9.92) and a 1-year high of GBX 929 ($12.03). The firm has a market capitalization of £1.19 billion, a P/E ratio of 8.38 and a beta of 0.93.

About Law Debenture

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.