Litigation Capital Management (LON:LIT) Shares Down 11.7% – Here’s What Happened

Litigation Capital Management Limited (LON:LITGet Free Report)’s share price dropped 11.7% on Monday . The stock traded as low as GBX 3.69 and last traded at GBX 3.69. Approximately 762 shares traded hands during trading, a decline of 100% from the average daily volume of 532,422 shares. The stock had previously closed at GBX 4.18.

Litigation Capital Management Stock Performance

The company has a 50-day simple moving average of GBX 5.71 and a two-hundred day simple moving average of GBX 8.15. The company has a debt-to-equity ratio of 1,671.84, a quick ratio of 3.01 and a current ratio of 1.88. The firm has a market capitalization of £4.07 million, a P/E ratio of -0.02 and a beta of 0.44.

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.

Further Reading

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