Litigation Capital Management (LON:LIT) Stock Price Down 16.5% – What’s Next?

Shares of Litigation Capital Management Limited (LON:LIT) were down 16.5% on Tuesday . The company traded as low as GBX 5.50 and last traded at GBX 5.68. Approximately 2,277,000 shares were traded during mid-day trading, an increase of 341% from the average daily volume of 516,485 shares. The stock had previously closed at GBX 6.80.

Litigation Capital Management Stock Performance

The firm has a market capitalization of £5.24 million, a P/E ratio of -0.07 and a beta of 0.31. The company has a debt-to-equity ratio of 67.98, a current ratio of 10.33 and a quick ratio of 3.01. The firm has a 50-day moving average price of GBX 8.68 and a two-hundred day moving average price of GBX 11.14.

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.