Literacy Capital (LON:BOOK) Reaches New 12-Month Low – Time to Sell?

Literacy Capital PLC (LON:BOOKGet Free Report)’s share price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 294 and last traded at GBX 303.65, with a volume of 2291 shares trading hands. The stock had previously closed at GBX 299.

Literacy Capital Stock Performance

The company has a current ratio of 0.70, a quick ratio of 1.73 and a debt-to-equity ratio of 8.56. The stock has a market capitalization of £182.81 million, a price-to-earnings ratio of 246.99 and a beta of 0.36. The firm’s fifty day moving average price is GBX 300.81 and its 200 day moving average price is GBX 328.58.

Literacy Capital Company Profile

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Literacy Capital plc is a closed-end investment company established in 2017 that is focused on investing in and supporting UK businesses and helping their management teams achieve success.

It also has an unusual charitable feature with donations made each year to literacy charities in the UK equating to 0.5% of net assets p.a.

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