Litigation Capital Management (LON:LIT) Reaches New 12-Month Low – What’s Next?

Shares of Litigation Capital Management Limited (LON:LIT) reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 4.02 and last traded at GBX 4.55, with a volume of 5246802 shares. The stock had previously closed at GBX 4.90.

Litigation Capital Management Trading Down 7.1%

The stock has a market capitalization of £4.67 million, a P/E ratio of -0.06 and a beta of 0.31. The stock’s fifty day moving average price is GBX 8.56 and its two-hundred day moving average price is GBX 10.90. The company has a current ratio of 10.33, a quick ratio of 3.01 and a debt-to-equity ratio of 67.98.

About Litigation Capital Management

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.