Literacy Capital (LON:BOOK) Reaches New 12-Month Low – Should You Sell?

Literacy Capital PLC (LON:BOOKGet Free Report) shares hit a new 52-week low during trading on Thursday . The company traded as low as GBX 294 and last traded at GBX 294, with a volume of 9348 shares traded. The stock had previously closed at GBX 300.

Literacy Capital Stock Up 2.6%

The business has a fifty day moving average price of GBX 305.72 and a two-hundred day moving average price of GBX 345.16. The company has a debt-to-equity ratio of 8.56, a current ratio of 0.70 and a quick ratio of 1.73. The firm has a market capitalization of £181.52 million, a price-to-earnings ratio of 245.24 and a beta of 0.36.

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.

Further Reading

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