Litigation Capital Management Limited (LON:LIT – Get Free Report)’s stock price fell 21.2% during trading on Tuesday. The company traded as low as GBX 1.66 and last traded at GBX 1.66. Approximately 154,842 shares traded hands during trading, a decline of 61% from the average daily volume of 395,477 shares. The stock had previously closed at GBX 2.10.
Litigation Capital Management Trading Down 21.2%
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 company has a market cap of £1.71 million, a price-to-earnings ratio of -0.01 and a beta of 0.44. The firm has a 50-day moving average price of GBX 1.97 and a 200 day moving average price of GBX 3.19.
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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