Litigation Capital Management (LON:LIT) Shares Up 31.3% – Here’s Why

Litigation Capital Management Limited (LON:LIT – Get Free Report) rose 31.3% during mid-day trading on Monday. The stock traded as high as GBX 0.94 and last traded at GBX 0.66. Approximately 11,124,717 shares changed hands during trading, an increase of 1,071% from the average session volume of 949,991 shares. The stock had previously closed at GBX 0.50.

Litigation Capital Management Price Performance

The business has a 50-day moving average of GBX 1.24 and a two-hundred day moving average of GBX 4.10. The company has a current ratio of 4.78, a quick ratio of 3.00 and a debt-to-equity ratio of -233.96. The firm has a market cap of £675,540.80, a P/E ratio of -0.00 and a beta of 0.44.

About Litigation Capital Management

(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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