Litigation Capital Management (LON:LIT) Reaches New 52-Week Low – Here’s What Happened

Litigation Capital Management Limited (LON:LIT – Get Free Report) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 1.61 and last traded at GBX 1.91, with a volume of 550183 shares. The stock had previously closed at GBX 2.

Litigation Capital Management Stock Performance

The stock’s 50-day moving average is GBX 3.54 and its 200 day moving average is GBX 6.70. The stock has a market cap of £1.97 million, a price-to-earnings ratio of -0.01 and a beta of 0.34. The company has a debt-to-equity ratio of 1,671.84, a current ratio of 1.88 and a quick ratio of 3.00.

About Litigation Capital Management

(Get Free Report)

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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