Litigation Capital Management (LON:LIT) Stock Price Down 16.5% – What’s Next?

Shares of Litigation Capital Management Limited (LON:LIT) dropped 16.5% during trading on Tuesday . The company traded as low as GBX 5.50 and last traded at GBX 5.68. Approximately 2,277,000 shares were traded during mid-day trading, an increase of 341% from the average daily volume of 516,485 shares. The stock had previously closed at GBX 6.80.

Litigation Capital Management Stock Down 25.0%

The company has a quick ratio of 3.01, a current ratio of 10.33 and a debt-to-equity ratio of 67.98. The stock has a market cap of £5.24 million, a P/E ratio of -0.07 and a beta of 0.31. The company’s 50 day moving average price is GBX 8.68 and its two-hundred day moving average price is GBX 11.14.

Litigation Capital Management Company Profile

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.