Litigation Capital Management (LON:LIT) Shares Down 4.8% – Time to Sell?

Litigation Capital Management Limited (LON:LIT)’s stock price dropped 4.8% on Thursday . The stock traded as low as GBX 10 and last traded at GBX 10. Approximately 274,052 shares were traded during trading, a decline of 58% from the average daily volume of 653,776 shares. The stock had previously closed at GBX 10.50.

Litigation Capital Management Trading Down 4.8%

The company has a market cap of £10.27 million, a P/E ratio of -0.14 and a beta of 0.31. The company has a current ratio of 17.54, a quick ratio of 3.01 and a debt-to-equity ratio of 32.77. The business has a 50 day moving average price of GBX 9.79 and a 200-day moving average price of GBX 25.54.

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.