Litigation Capital Management Limited (LON:LIT – Get Free Report) shares shot up 11.5% during trading on Friday . The stock traded as high as GBX 1.70 and last traded at GBX 1.70. 460,405 shares changed hands during trading, a decline of 3% from the average daily volume of 475,452 shares. The stock had previously closed at GBX 1.52.
Litigation Capital Management Trading Up 11.5%
The company has a 50 day moving average of GBX 2.89 and a 200 day moving average of GBX 6.02. The company has a debt-to-equity ratio of 1,671.84, a quick ratio of 3.00 and a current ratio of 1.88. The stock has a market capitalization of £1.75 million, a price-to-earnings ratio of -0.01 and a beta of 0.43.
Litigation Capital Management Company Profile
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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