Litigation Capital Management (LON:LIT) Hits New 1-Year Low – What’s Next?

Litigation Capital Management Limited (LON:LIT)’s stock price hit a new 52-week low during trading on Wednesday . The stock traded as low as GBX 1.50 and last traded at GBX 1.70, with a volume of 1501 shares trading hands. The stock had previously closed at GBX 1.75.

Litigation Capital Management Stock Down 2.9%

The firm has a 50-day simple moving average of GBX 3.06 and a 200 day simple moving average of GBX 6.16. The stock has a market capitalization of £1.75 million, a P/E ratio of -0.01 and a beta of 0.43. 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.

Litigation Capital Management Company Profile

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.