Litigation Capital Management (LON:LIT) Reaches New 52-Week Low – Here’s What Happened

Litigation Capital Management Limited (LON:LITGet Free Report) shares reached a new 52-week low on Thursday . The company traded as low as GBX 1.61 and last traded at GBX 1.91, with a volume of 550183 shares traded. The stock had previously closed at GBX 2.

Litigation Capital Management Stock Down 4.5%

The firm has a 50 day moving average of GBX 3.54 and a two-hundred day moving average of GBX 6.70. The stock has a market capitalization of £1.97 million, a PE ratio of -0.01 and a beta of 0.34. The company has a current ratio of 1.88, a quick ratio of 3.00 and a debt-to-equity ratio of 1,671.84.

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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