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

Literacy Capital PLC (LON:BOOKGet Free Report)’s stock price hit a new 52-week low on Wednesday . The company traded as low as GBX 294 and last traded at GBX 302, with a volume of 15161 shares trading hands. The stock had previously closed at GBX 299.

Literacy Capital Stock Up 1.0%

The firm has a market cap of £181.73 million, a P/E ratio of 245.53 and a beta of 0.36. The firm’s 50 day moving average is GBX 301.39 and its two-hundred day moving average is GBX 333.79. The company has a current ratio of 0.70, a quick ratio of 1.73 and a debt-to-equity ratio of 8.56.

Literacy Capital Company Profile

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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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