Litigation Capital Management Limited (LON:LIT – Get Free Report) shares fell 11.1% during trading on Thursday . The stock traded as low as GBX 2.20 and last traded at GBX 2.40. 180,636 shares were traded during trading, a decline of 61% from the average daily volume of 468,627 shares. The stock had previously closed at GBX 2.70.
Litigation Capital Management Price Performance
The company has a current ratio of 1.88, a quick ratio of 3.00 and a debt-to-equity ratio of 1,671.84. The stock has a market cap of £2.48 million, a price-to-earnings ratio of -0.01 and a beta of 0.43. The stock has a 50-day moving average price of GBX 2.61 and a two-hundred day moving average price of GBX 5.72.
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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