Literacy Capital (LON:BOOK) Trading Down 1.5% – Time to Sell?

Literacy Capital PLC (LON:BOOKGet Free Report) was down 1.5% on Wednesday . The company traded as low as GBX 400 and last traded at GBX 400. Approximately 512,818 shares changed hands during mid-day trading, an increase of 495% from the average daily volume of 86,175 shares. The stock had previously closed at GBX 406.

Literacy Capital Price Performance

The stock has a market capitalization of £240.70 million, a P/E ratio of -132.01 and a beta of -0.25. The company has a 50 day moving average of GBX 384.83 and a 200-day moving average of GBX 389.78. The company has a quick ratio of 1.73, a current ratio of 0.05 and a debt-to-equity ratio of 3.14.

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.

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