Literacy Capital (LON:BOOK) Hits New 12-Month Low – What’s Next?

Literacy Capital PLC (LON:BOOKGet Free Report) reached a new 52-week low on Monday . The company traded as low as GBX 354 and last traded at GBX 354, with a volume of 11522 shares. The stock had previously closed at GBX 370.

Literacy Capital Stock Performance

The company has a market capitalization of £213.02 million, a price-to-earnings ratio of -116.83 and a beta of 0.12. The firm has a fifty day simple moving average of GBX 391.78 and a 200 day simple moving average of GBX 382.13. The company has a debt-to-equity ratio of 12.20, a current ratio of 3.89 and a quick ratio of 1.73.

About Literacy Capital

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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.

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