Litigation Capital Management (LON:LIT) Trading Down 15.4% – Time to Sell?

Litigation Capital Management Limited (LON:LITGet Free Report) traded down 15.4% during mid-day trading on Friday . The company traded as low as GBX 1.98 and last traded at GBX 1.98. 192,822 shares changed hands during trading, a decline of 58% from the average daily volume of 457,973 shares. The stock had previously closed at GBX 2.34.

Litigation Capital Management Trading Down 15.4%

The company has a market capitalization of £2.04 million, a price-to-earnings ratio of -0.01 and a beta of 0.43. The firm has a 50-day moving average price of GBX 2.43 and a 200-day moving average price of GBX 5.43. The company has a current ratio of 1.88, a quick ratio of 3.00 and a debt-to-equity ratio of 1,671.84.

About Litigation Capital Management

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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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