Litigation Capital Management Limited (LON:LIT – Get Free Report)’s share price rose 11.6% during trading on Wednesday . The stock traded as high as GBX 7.70 and last traded at GBX 7.70. Approximately 1,514,574 shares traded hands during mid-day trading, an increase of 132% from the average daily volume of 651,882 shares. The stock had previously closed at GBX 6.90.
Litigation Capital Management Trading Up 11.6%
The business has a fifty day moving average price of GBX 9.44 and a two-hundred day moving average price of GBX 21.83. The company has a current ratio of 17.54, a quick ratio of 3.01 and a debt-to-equity ratio of 32.77. The firm has a market capitalization of £7.91 million, a PE ratio of -0.11 and a beta of 0.31.
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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