Litigation Capital Management (LON:LIT) Shares Down 9.9% – Here’s What Happened

Litigation Capital Management Limited (LON:LITGet Free Report)’s share price was down 9.9% during mid-day trading on Wednesday . The stock traded as low as GBX 1.95 and last traded at GBX 2. Approximately 631,941 shares were traded during trading, an increase of 31% from the average session volume of 482,083 shares. The stock had previously closed at GBX 2.22.

Litigation Capital Management Trading Down 9.9%

The company has a 50 day moving average of GBX 3.59 and a 200 day moving average of GBX 6.76. The firm has a market cap of £2.06 million, a P/E ratio of -0.01 and a beta of 0.34. 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.

About Litigation Capital Management

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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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