Literacy Capital (LON:BOOK) Reaches New 12-Month Low – Here’s What Happened

Literacy Capital PLC (LON:BOOKGet Free Report)’s share price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 294 and last traded at GBX 303.65, with a volume of 2291 shares. The stock had previously closed at GBX 299.

Literacy Capital Stock Up 1.6%

The company has a debt-to-equity ratio of 8.56, a current ratio of 0.70 and a quick ratio of 1.73. The firm’s 50 day moving average is GBX 300.78 and its two-hundred day moving average is GBX 329.46. The firm has a market capitalization of £182.72 million, a P/E ratio of 246.87 and a beta of 0.36.

Literacy Capital Company Profile

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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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