Litigation Capital Management (LON:LIT) Sets New 52-Week Low – What’s Next?

Shares of Litigation Capital Management Limited (LON:LIT) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 6.02 and last traded at GBX 6.10, with a volume of 2756490 shares changing hands. The stock had previously closed at GBX 6.54.

Litigation Capital Management Stock Performance

The stock has a market capitalization of £6.51 million, a price-to-earnings ratio of -0.09 and a beta of 0.31. The company has a 50 day simple moving average of GBX 8.77 and a 200-day simple moving average of GBX 11.78. The company has a quick ratio of 3.01, a current ratio of 10.33 and a debt-to-equity ratio of 67.98.

Litigation Capital Management Company Profile

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.