Litigation Capital Management (LON:LIT) Trading Up 5.7% – Time to Buy?

Litigation Capital Management Limited (LON:LITGet Free Report)’s stock price was up 5.7% on Tuesday . The company traded as high as GBX 2.25 and last traded at GBX 2.22. Approximately 589,734 shares traded hands during trading, an increase of 23% from the average session volume of 480,813 shares. The stock had previously closed at GBX 2.10.

Litigation Capital Management Trading Up 5.7%

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 company has a market capitalization of £2.29 million, a price-to-earnings ratio of -0.01 and a beta of 0.34. The firm has a fifty day moving average price of GBX 3.64 and a 200-day moving average price of GBX 6.82.

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.

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