Litigation Capital Management Limited (LON:LIT – Get Free Report) shares shot up 19.1% during mid-day trading on Monday. The stock traded as high as GBX 0.56 and last traded at GBX 0.53. Approximately 1,259,341 shares changed hands during trading, an increase of 44% from the average daily volume of 875,323 shares. The stock had previously closed at GBX 0.45.
Litigation Capital Management Stock Performance
The business’s fifty day moving average price is GBX 1.38 and its 200-day moving average price is GBX 2.41. The company has a debt-to-equity ratio of -233.96, a quick ratio of 3.00 and a current ratio of 4.78. The stock has a market cap of £547,652.16, a PE ratio of -0.00 and a beta of 0.44.
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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