Shares of Litigation Capital Management Limited (LON:LIT – Get Free Report) shot up 5.7% on Tuesday . The company traded as high as GBX 2.25 and last traded at GBX 2.22. 589,734 shares traded hands during mid-day trading, an increase of 23% from the average session volume of 480,813 shares. The stock had previously closed at GBX 2.10.
Litigation Capital Management Stock Performance
The company has a 50-day moving average of GBX 3.54 and a 200-day moving average of GBX 6.70. The company has a market cap of £1.91 million, a PE ratio of -0.01 and a beta of 0.34. The company has a quick ratio of 3.00, a current ratio of 1.88 and a debt-to-equity ratio of 1,671.84.
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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