Litigation Capital Management (LON:LIT) Shares Down 11.1% – What’s Next?

Litigation Capital Management Limited (LON:LITGet Free Report) shares were down 11.1% during trading on Thursday . The stock traded as low as GBX 2.20 and last traded at GBX 2.40. 180,636 shares changed hands during mid-day trading, a decline of 61% from the average session volume of 468,627 shares. The stock had previously closed at GBX 2.70.

Litigation Capital Management Price Performance

The company has a quick ratio of 3.00, a current ratio of 1.88 and a debt-to-equity ratio of 1,671.84. The firm has a market capitalization of £2.37 million, a PE ratio of -0.01 and a beta of 0.43. The stock has a 50-day moving average price of GBX 2.55 and a 200 day moving average price of GBX 5.65.

Litigation Capital Management Company Profile

(Get Free Report)

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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