Litigation Capital Management (LON:LIT) Sets New 52-Week Low – Time to Sell?

Litigation Capital Management Limited (LON:LIT)’s stock price hit a new 52-week low during trading on Wednesday . The stock traded as low as GBX 1.50 and last traded at GBX 1.70, with a volume of 1501 shares changing hands. The stock had previously closed at GBX 1.75.

Litigation Capital Management Stock Performance

The stock’s fifty day moving average price is GBX 3.06 and its two-hundred day moving average price is GBX 6.16. 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 cap of £1.75 million, a P/E ratio of -0.01 and a beta of 0.43.

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.