Literacy Capital (LON:BOOK) Shares Down 1.5% – Here’s Why

Shares of Literacy Capital PLC (LON:BOOKGet Free Report) fell 1.5% during trading on Thursday . The company traded as low as GBX 305 and last traded at GBX 309.44. 1,428 shares traded hands during trading, a decline of 96% from the average session volume of 34,821 shares. The stock had previously closed at GBX 314.

Literacy Capital Stock Down 1.5%

The company has a market capitalization of £186.21 million, a PE ratio of 251.58 and a beta of 0.36. The company has a debt-to-equity ratio of 8.56, a quick ratio of 1.73 and a current ratio of 0.70. The stock’s 50 day moving average is GBX 321.15 and its 200 day moving average is GBX 361.19.

Literacy Capital (LON:BOOKGet Free Report) last announced its quarterly earnings results on Wednesday, March 25th. The company reported GBX 1.23 EPS for the quarter. Literacy Capital had a net margin of 49.84% and a return on equity of 2.35%.

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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