Litigation Capital Management (LON:LIT) Trading Up 6.2% – Here’s What Happened

Shares of Litigation Capital Management Limited (LON:LITGet Free Report) traded up 6.2% during mid-day trading on Wednesday . The stock traded as high as GBX 1.75 and last traded at GBX 1.70. Approximately 611,180 shares changed hands during trading, an increase of 25% from the average session volume of 489,360 shares. The stock had previously closed at GBX 1.60.

Litigation Capital Management Trading Up 6.2%

The firm has a 50 day moving average of GBX 3.33 and a 200 day moving average of GBX 6.44. The firm has a market cap of £1.75 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.

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.

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