Litigation Capital Management (LON:LIT) Reaches New 1-Year Low – Time to Sell?
by Kim Johansen · The Markets DailyLitigation Capital Management Limited (LON:LIT – Get Free Report)’s share price hit a new 52-week low during trading on Wednesday . The stock traded as low as GBX 2.02 and last traded at GBX 2.70, with a volume of 1022766 shares changing hands. The stock had previously closed at GBX 2.85.
Litigation Capital Management Stock Down 5.3%
The company has a 50-day moving average price of GBX 4.51 and a 200 day moving average price of GBX 7.61. The firm has a market capitalization of £2.78 million, a PE ratio of -0.02 and a beta of 0.38. The company has a debt-to-equity ratio of 1,671.84, a current ratio of 1.88 and a quick ratio of 3.01.
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.