Literacy Capital (LON:BOOK) Sets New 52-Week Low – Here’s Why

Literacy Capital PLC (LON:BOOKGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 390 ($4.93) and last traded at GBX 402 ($5.08), with a volume of 4981 shares trading hands. The stock had previously closed at GBX 400 ($5.05).

Literacy Capital Stock Up 0.5 %

The stock has a 50 day simple moving average of GBX 438.52 and a 200-day simple moving average of GBX 470.41. The firm has a market cap of £234.02 million, a PE ratio of 32.39 and a beta of -0.25. The company has a debt-to-equity ratio of 3.14, a current ratio of 0.05 and a quick ratio of 1.73.

About Literacy Capital

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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 0.9% of net assets p.a.

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