Shares of Litigation Capital Management Limited (LON:LIT – Get Free Report) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 92.40 ($1.21) and last traded at GBX 92.60 ($1.21), with a volume of 547801 shares. The stock had previously closed at GBX 95.93 ($1.25).
Litigation Capital Management Trading Down 3.5 %
The business’s 50-day moving average price is GBX 104.99 and its 200-day moving average price is GBX 107.18. The firm has a market capitalization of £107.19 million, a PE ratio of 487.37 and a beta of 0.31. The company has a debt-to-equity ratio of 32.25, a current ratio of 36.19 and a quick ratio of 3.01.
About Litigation Capital Management
Litigation Capital Management Limited provides dispute finance and risk management services in Australia and the United Kingdom. The company operates in two business models, including direct investments made from LCM's permanent balance sheet capital; and fund and/or asset management. Its products and services include dispute finance for companies, international arbitration, and law firms; disbursement funding; enforcement funding/purchase of award; and adverse cost and security for costs.
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