Litigation Capital Management (LON:LIT) Hits New 52-Week Low – What’s Next?

Litigation Capital Management Limited (LON:LITGet Free Report) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 8.30 and last traded at GBX 8.70, with a volume of 190119 shares trading hands. The stock had previously closed at GBX 9.38.

Litigation Capital Management Price Performance

The company has a debt-to-equity ratio of 32.77, a current ratio of 17.54 and a quick ratio of 3.01. The stock has a market capitalization of £8.93 million, a price-to-earnings ratio of -0.12 and a beta of 0.31. The stock’s 50 day simple moving average is GBX 21.40 and its 200-day simple moving average is GBX 32.67.

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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