Litigation Capital Management (LON:LIT) Trading 14.7% Higher – Should You Buy?

Litigation Capital Management Limited (LON:LITGet Free Report) shares shot up 14.7% during mid-day trading on Friday . The stock traded as high as GBX 9.98 and last traded at GBX 9.98. 135,520 shares changed hands during trading, a decline of 80% from the average session volume of 689,950 shares. The stock had previously closed at GBX 8.70.

Litigation Capital Management Price Performance

The stock’s fifty day moving average price is GBX 20.81 and its 200-day moving average price is GBX 32.50. The firm has a market cap of £10.25 million, a PE ratio of -0.14 and a beta of 0.31. The company has a debt-to-equity ratio of 32.77, a current ratio of 17.54 and a quick ratio of 3.01.

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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