Litigation Capital Management (LON:LIT) Shares Down 10.2% – Time to Sell?

Litigation Capital Management Limited (LON:LITGet Free Report) was down 10.2% during mid-day trading on Friday . The stock traded as low as GBX 1.65 and last traded at GBX 1.70. Approximately 208,482 shares traded hands during mid-day trading, a decline of 54% from the average session volume of 453,469 shares. The stock had previously closed at GBX 1.89.

Litigation Capital Management Stock Performance

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 stock has a 50 day moving average of GBX 2.17 and a 200 day moving average of GBX 5.10. The stock has a market capitalization of £1.75 million, a P/E ratio of -0.01 and a beta of 0.46.

Litigation Capital Management Company Profile

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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.

Further Reading

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