Litigation Capital Management (LON:LIT) Trading Up 13.9% – Here’s Why

Litigation Capital Management Limited (LON:LITGet Free Report) shares were up 13.9% on Thursday . The company traded as high as GBX 10.93 and last traded at GBX 10.93. Approximately 108,409 shares traded hands during mid-day trading, a decline of 84% from the average daily volume of 676,135 shares. The stock had previously closed at GBX 9.60.

Litigation Capital Management Stock Down 1.4%

The firm has a 50 day moving average of GBX 14.36 and a two-hundred day moving average of GBX 29.51. 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 stock has a market capitalization of £11.14 million, a PE ratio of -0.15 and a beta of 0.31.

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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