Litigation Capital Management (LON:LIT) Trading Down 15.4% – Time to Sell?
by Doug Wharley · The Cerbat GemLitigation Capital Management Limited (LON:LIT – Get Free Report) traded down 15.4% during mid-day trading on Friday . The stock traded as low as GBX 1.98 and last traded at GBX 1.98. 192,822 shares were traded during mid-day trading, a decline of 58% from the average daily volume of 457,973 shares. The stock had previously closed at GBX 2.34.
Litigation Capital Management Price Performance
The company has a market cap of £2.04 million, a price-to-earnings ratio of -0.01 and a beta of 0.43. The company has a current ratio of 1.88, a quick ratio of 3.00 and a debt-to-equity ratio of 1,671.84. The business has a 50-day moving average price of GBX 2.43 and a 200 day moving average price of GBX 5.43.
About Litigation Capital Management
Litigation Capital Management (“LCM”) is an alternative asset manager specialising in litigation financing solutions internationally. Through our two business models, direct balance sheet and third party fund management, we create value through our three primary investment strategies – single-cases; case portfolios; and acquisition of insolvency claims.
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