Litigation Capital Management (LON:LIT) Hits New 52-Week Low – Here’s Why

Litigation Capital Management Limited (LON:LITGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Wednesday . The company 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 5.9%

The business’s 50 day moving average is GBX 4.26 and its 200-day moving average is GBX 7.48. The company has a debt-to-equity ratio of 1,671.84, a quick ratio of 3.01 and a current ratio of 1.88. The firm has a market capitalization of £2.62 million, a price-to-earnings ratio of -0.02 and a beta of 0.38.

Litigation Capital Management Company Profile

(Get Free Report)

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.

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