Litigation Capital Management Limited (LON:LIT – Get Free Report) shares fell 26.5% during mid-day trading on Monday . The company traded as low as GBX 1.65 and last traded at GBX 1.66. Approximately 25,384,303 shares changed hands during mid-day trading, an increase of 4,555% from the average session volume of 545,324 shares. The stock had previously closed at GBX 2.26.
Litigation Capital Management Stock Up 15.9%
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’s 50-day moving average price is GBX 2.01 and its two-hundred day moving average price is GBX 3.36. The stock has a market capitalization of £2.36 million, a PE ratio of -0.01 and a beta of 0.44.
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.
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