Litigation Capital Management (LON:LIT) Hits New 12-Month Low – Time to Sell?

Litigation Capital Management Limited (LON:LITGet Free Report)’s share price reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 1.50 and last traded at GBX 1.70, with a volume of 1501 shares changing hands. The stock had previously closed at GBX 1.75.

Litigation Capital Management Trading Up 11.5%

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. The business’s 50 day moving average is GBX 2.95 and its 200-day moving average is GBX 6.05. The firm has a market cap of £1.75 million, a P/E ratio of -0.01 and a beta of 0.43.

About Litigation Capital Management

(Get Free Report)

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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