Litigation Capital Management (LON:LIT) Trading Down 10.2% – What’s Next?

Litigation Capital Management Limited (LON:LITGet Free Report)’s stock price traded down 10.2% on Tuesday . The stock traded as low as GBX 9.50 and last traded at GBX 9.52. 2,474,374 shares changed hands during trading, an increase of 61% from the average session volume of 1,533,006 shares. The stock had previously closed at GBX 10.60.

Litigation Capital Management Price Performance

The company’s 50 day moving average price is GBX 9.40 and its 200 day moving average price is GBX 20.03. The company has a market cap of £11.09 million, a price-to-earnings ratio of -0.15 and a beta of 0.31. The company has a current ratio of 17.54, a quick ratio of 3.01 and a debt-to-equity ratio of 32.77.

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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