Literacy Capital (LON:BOOK) Reaches New 52-Week Low – Should You Sell?

by · The Markets Daily

Literacy Capital PLC (LON:BOOK – Get Free Report) reached a new 52-week low during mid-day trading on Tuesday. The company traded as low as GBX 280 and last traded at GBX 288, with a volume of 17333 shares trading hands. The stock had previously closed at GBX 288.

Literacy Capital Price Performance

The stock has a 50 day moving average price of GBX 306.91 and a two-hundred day moving average price of GBX 310.98. The firm has a market cap of £346.61 million, a PE ratio of -7.70 and a beta of 0.36. The company has a quick ratio of 1.73, a current ratio of 0.60 and a debt-to-equity ratio of 3.07.

Literacy Capital (LON:BOOK – Get Free Report) last posted its quarterly earnings results on Monday, August 24th. The company reported GBX (11.96) earnings per share for the quarter. Literacy Capital had a net margin of 162.73% and a negative return on equity of 7.81%.

About Literacy Capital

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Literacy Capital plc is a closed-end investment company established in 2017 that is focused on investing in and supporting UK businesses and helping their management teams achieve success.

It also has an unusual charitable feature with donations made each year to literacy charities in the UK equating to 0.5% of net assets p.a.

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