Litigation Capital Management (LON:LIT) Trading 5% Higher – What’s Next?

Shares of Litigation Capital Management Limited (LON:LITGet Free Report) rose 5% during trading on Tuesday . The stock traded as high as GBX 9.68 and last traded at GBX 9.68. Approximately 847,310 shares traded hands during mid-day trading, an increase of 21% from the average daily volume of 698,321 shares. The stock had previously closed at GBX 9.22.

Litigation Capital Management Stock Up 5.0%

The firm has a market cap of £9.94 million, a PE ratio of -0.14 and a beta of 0.31. The company has a quick ratio of 3.01, a current ratio of 17.54 and a debt-to-equity ratio of 32.77. The business has a 50-day moving average price of GBX 9.62 and a two-hundred day moving average price of GBX 18.40.

Litigation Capital Management Company Profile

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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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