Litigation Capital Management (LON:LIT) Trading 1.9% Higher – Here’s What Happened

Litigation Capital Management Limited (LON:LITGet Free Report)’s share price rose 1.9% during trading on Tuesday . The company traded as high as GBX 9.02 and last traded at GBX 9.02. Approximately 70,706 shares traded hands during mid-day trading, a decline of 86% from the average daily volume of 504,378 shares. The stock had previously closed at GBX 8.85.

Litigation Capital Management Trading Up 1.9%

The firm has a fifty day simple moving average of GBX 9.25 and a two-hundred day simple moving average of GBX 16.16. The firm has a market cap of £9.26 million, a PE ratio of -0.13 and a beta of 0.31. The company has a current ratio of 17.54, a quick ratio of 3.01 and a debt-to-equity ratio of 32.77.

About Litigation Capital Management

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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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