Litigation Capital Management (LON:LIT) Sets New 1-Year Low – Should You Sell?

Litigation Capital Management Limited (LON:LIT) reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 3.72 and last traded at GBX 3.81, with a volume of 1763015 shares changing hands. The stock had previously closed at GBX 3.90.

Litigation Capital Management Stock Performance

The company has a 50-day moving average price of GBX 8.05 and a two-hundred day moving average price of GBX 10.13. The stock has a market capitalization of £3.91 million, a P/E ratio of -0.05 and a beta of 0.31. The company has a quick ratio of 3.01, a current ratio of 10.33 and a debt-to-equity ratio of 67.98.

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.