Litigation Capital Management (LON:LIT) Hits New 52-Week Low – Here’s Why

Shares of Litigation Capital Management Limited (LON:LITGet Free Report) reached a new 52-week low on Wednesday . The company traded as low as GBX 4.02 and last traded at GBX 4.55, with a volume of 5246802 shares changing hands. The stock had previously closed at GBX 4.90.

Litigation Capital Management Stock Performance

The business’s fifty day moving average price is GBX 8.30 and its 200-day moving average price is GBX 10.81. The company has a debt-to-equity ratio of 67.98, a current ratio of 10.33 and a quick ratio of 3.01. The stock has a market capitalization of £3.91 million, a PE ratio of -0.05 and a beta of 0.31.

About Litigation Capital Management

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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.

Further Reading

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