Litigation Capital Management (LON:LIT) Stock Falls 27.4% – Here’s What Happened

Litigation Capital Management Limited (LON:LIT – Get Free Report)’s stock price fell 27.4% during trading on Friday. The company traded as low as GBX 0.38 and last traded at GBX 0.40. 3,768,431 shares traded hands during mid-day trading, an increase of 326% from the average session volume of 885,205 shares. The stock had previously closed at GBX 0.55.

Litigation Capital Management Trading Down 23.4%

The firm’s 50 day simple moving average is GBX 1.26 and its two-hundred day simple moving average is GBX 4.15. The stock has a market capitalization of £435,233.92, a P/E ratio of -0.00 and a beta of 0.44. The company has a quick ratio of 3.00, a current ratio of 4.78 and a debt-to-equity ratio of -233.96.

About Litigation Capital Management

(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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