Literacy Capital (LON:BOOK) Reaches New 12-Month Low – Here’s Why

Shares of Literacy Capital PLC (LON:BOOKGet Free Report) hit a new 52-week low on Thursday . The company traded as low as GBX 294 and last traded at GBX 294, with a volume of 9348 shares trading hands. The stock had previously closed at GBX 300.

Literacy Capital Price Performance

The stock’s fifty day moving average price is GBX 307.22 and its 200-day moving average price is GBX 346.13. 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 firm has a market cap of £176.91 million, a PE ratio of 239.02 and a beta of 0.36.

Literacy Capital Company Profile

(Get Free Report)

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.

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