Litigation Capital Management (LON:LIT) Shares Down 26.5% – Here’s Why

Litigation Capital Management Limited (LON:LITGet Free Report) shares dropped 26.5% during mid-day trading on Monday . The company traded as low as GBX 1.65 and last traded at GBX 1.66. Approximately 25,384,303 shares changed hands during mid-day trading, an increase of 4,555% from the average daily volume of 545,324 shares. The stock had previously closed at GBX 2.26.

Litigation Capital Management Price Performance

The stock has a market capitalization of £1.71 million, a P/E ratio of -0.01 and a beta of 0.44. 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 firm has a 50-day moving average price of GBX 2 and a 200 day moving average price of GBX 3.46.

Litigation Capital Management Company Profile

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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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