Litigation Capital Management (LON:LIT) Shares Down 11.2% – Time to Sell?

Litigation Capital Management Limited (LON:LIT) fell 11.2% during mid-day trading on Tuesday . The company traded as low as GBX 7.50 and last traded at GBX 7.50. 172,547 shares were traded during mid-day trading, a decline of 61% from the average session volume of 446,761 shares. The stock had previously closed at GBX 8.45.

Litigation Capital Management Stock Performance

The stock’s 50-day simple moving average is GBX 9.28 and its 200-day simple moving average is GBX 13.13. The stock has a market cap of £7.53 million, a price-to-earnings ratio of -0.10 and a beta of 0.31. The company has a current ratio of 10.33, a quick ratio of 3.01 and a debt-to-equity ratio of 67.98.

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.