Literacy Capital (LON:BOOK) Reaches New 1-Year Low – Here’s Why

Literacy Capital PLC (LON:BOOKGet Free Report) shares hit a new 52-week low during trading on Friday . The company traded as low as GBX 294 and last traded at GBX 300, with a volume of 81931 shares changing hands. The stock had previously closed at GBX 300.

Literacy Capital Stock Performance

The company has a market cap of £180.53 million, a price-to-earnings ratio of 243.90 and a beta of 0.36. The company has a debt-to-equity ratio of 8.56, a quick ratio of 1.73 and a current ratio of 0.70. The company has a fifty day moving average of GBX 309.35 and a two-hundred day moving average of GBX 348.23.

About Literacy Capital

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Literacy Capital plc is a closed-end investment company established in 2017 that is focused on investing in and supporting UK businesses and helping their management teams achieve success.

It also has an unusual charitable feature with donations made each year to literacy charities in the UK equating to 0.5% of net assets p.a.

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