Shares of Litigation Capital Management Limited (LON:LIT – Get Free Report) fell 18.8% on Tuesday . The company traded as low as GBX 3.30 and last traded at GBX 3.38. 549,595 shares were traded during trading, an increase of 11% from the average session volume of 496,953 shares. The stock had previously closed at GBX 4.16.
Litigation Capital Management Price Performance
The company has a debt-to-equity ratio of 1,671.84, a current ratio of 1.88 and a quick ratio of 3.01. The firm has a market cap of £3.49 million, a P/E ratio of -0.02 and a beta of 0.38. The stock’s 50-day simple moving average is GBX 4.51 and its two-hundred day simple moving average is GBX 7.61.
About Litigation Capital Management
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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