Litigation Capital Management (LON:LIT) Shares Climb 31.3% – Here’s What Happened

Shares of Litigation Capital Management Limited (LON:LIT – Get Free Report) rose 31.3% during trading on Monday. The company traded as high as GBX 0.94 and last traded at GBX 0.66. 11,124,717 shares were traded during trading, an increase of 1,071% from the average daily volume of 949,991 shares. The stock had previously closed at GBX 0.50.

Litigation Capital Management Price Performance

The company has a fifty day simple moving average of GBX 1.19 and a two-hundred day simple moving average of GBX 4. The company has a market cap of £567,248.00, a price-to-earnings ratio of -0.00 and a beta of 0.44. The company has a quick ratio of 3.00, a current ratio of 4.78 and a debt-to-equity ratio of -233.96.

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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