Litigation Capital Management Limited (LON:LIT – Get Free Report)’s stock price rose 16.7% during mid-day trading on Friday . The stock traded as high as GBX 10.50 and last traded at GBX 10.39. Approximately 691,368 shares traded hands during trading, an increase of 50% from the average daily volume of 461,941 shares. The stock had previously closed at GBX 8.90.
Litigation Capital Management Stock Up 15.7%
The company has a debt-to-equity ratio of 32.77, a current ratio of 17.54 and a quick ratio of 3.01. The business has a 50 day simple moving average of GBX 9.28 and a 200 day simple moving average of GBX 20.56. The stock has a market cap of £10.58 million, a PE ratio of -0.15 and a beta of 0.31.
About Litigation Capital Management
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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