Litigation Capital Management (LON:LIT) Stock Price Down 15.4% – What’s Next?

Litigation Capital Management Limited (LON:LITGet Free Report) was 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. Approximately 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 firm has a market capitalization of £2.04 million, a price-to-earnings ratio of -0.01 and a beta of 0.43. The company has a debt-to-equity ratio of 1,671.84, a quick ratio of 3.00 and a current ratio of 1.88. The company has a 50-day moving average price of GBX 2.39 and a 200-day moving average price of GBX 5.41.

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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