Literacy Capital (LON:BOOK) Sets New 52-Week Low – Here’s Why

Literacy Capital PLC (LON:BOOKGet Free Report)’s stock price reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 295 and last traded at GBX 310, with a volume of 2839 shares. The stock had previously closed at GBX 309.30.

Literacy Capital Price Performance

The company has a debt-to-equity ratio of 8.56, a current ratio of 0.70 and a quick ratio of 1.73. The stock has a market cap of £184.44 million, a price-to-earnings ratio of 249.19 and a beta of 0.36. The stock has a fifty day moving average of GBX 318.99 and a 200 day moving average of GBX 358.78.

Literacy Capital (LON:BOOKGet Free Report) last released its earnings results on Wednesday, March 25th. The company reported GBX 1.23 EPS for the quarter. Literacy Capital had a return on equity of 2.35% and a net margin of 49.84%.

About Literacy Capital

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Literacy Capital plc is a closed-end investment company established in 2017 that is focused on investing in and supporting UK businesses and helping their management teams achieve success.

It also has an unusual charitable feature with donations made each year to literacy charities in the UK equating to 0.5% of net assets p.a.

Further Reading

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