Litigation Capital Management (LON:LIT) Trading 11.5% Higher – Should You Buy?

Shares of Litigation Capital Management Limited (LON:LITGet Free Report) traded up 11.5% during trading on Friday . The company traded as high as GBX 1.70 and last traded at GBX 1.70. 460,405 shares traded hands during mid-day trading, a decline of 3% from the average daily volume of 475,452 shares. The stock had previously closed at GBX 1.52.

Litigation Capital Management Price Performance

The company’s fifty day moving average is GBX 2.95 and its two-hundred day moving average is GBX 6.05. 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. The firm has a market cap of £1.75 million, a price-to-earnings ratio of -0.01 and a beta of 0.43.

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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