Literacy Capital (LON:BOOK) Stock Price Up 2.1% – Still a Buy?

Literacy Capital PLC (LON:BOOKGet Free Report) rose 2.1% on Thursday . The stock traded as high as GBX 387.10 and last traded at GBX 387.10. Approximately 11,550 shares changed hands during trading, a decline of 67% from the average daily volume of 34,603 shares. The stock had previously closed at GBX 379.

Literacy Capital Stock Up 2.1%

The company has a debt-to-equity ratio of 3.14, a current ratio of 0.05 and a quick ratio of 1.73. The company has a 50-day moving average of GBX 377.17 and a two-hundred day moving average of GBX 405.49. The company has a market capitalization of £232.94 million, a PE ratio of -127.76 and a beta of -0.25.

Literacy Capital (LON:BOOKGet Free Report) last issued its quarterly earnings results on Tuesday, August 26th. The company reported GBX 26.69 earnings per share for the quarter. Literacy Capital had a return on equity of 2.42% and a net margin of 63.70%.

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 0.5% of net assets p.a.

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