Litigation Capital Management (LON:LIT) Stock Price Down 9.9% – Here’s What Happened

Shares of Litigation Capital Management Limited (LON:LITGet Free Report) were down 9.9% during mid-day trading on Wednesday . The company traded as low as GBX 1.95 and last traded at GBX 2. 631,941 shares traded hands during mid-day trading, an increase of 31% from the average session volume of 482,083 shares. The stock had previously closed at GBX 2.22.

Litigation Capital Management Stock Down 2.4%

The company has a debt-to-equity ratio of 1,671.84, a current ratio of 1.88 and a quick ratio of 3.00. The firm has a 50-day simple moving average of GBX 3.50 and a two-hundred day simple moving average of GBX 6.63. The company has a market cap of £1.92 million, a PE ratio of -0.01 and a beta of 0.34.

Litigation Capital Management Company Profile

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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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