Litigation Capital Management (LON:LIT) Reaches New 12-Month Low – Here’s Why

Litigation Capital Management Limited (LON:LITGet Free Report) reached a new 52-week low on Friday . The company traded as low as GBX 8.10 and last traded at GBX 8.30, with a volume of 771663 shares changing hands. The stock had previously closed at GBX 8.96.

Litigation Capital Management Price Performance

The company has a current ratio of 17.54, a quick ratio of 3.01 and a debt-to-equity ratio of 32.77. The firm has a market cap of £8.52 million, a price-to-earnings ratio of -0.12 and a beta of 0.31. The business’s 50-day simple moving average is GBX 17.93 and its two-hundred day simple moving average is GBX 31.12.

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.

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