Litigation Capital Management Limited (LON:LIT – Get Free Report)’s share price dropped 21.2% on Tuesday. The stock traded as low as GBX 1.66 and last traded at GBX 1.66. 154,842 shares were traded during mid-day trading, a decline of 61% from the average daily volume of 395,477 shares. The stock had previously closed at GBX 2.10.
Litigation Capital Management Trading Down 12.3%
The firm has a 50 day moving average price of GBX 1.91 and a two-hundred day moving average price of GBX 3.10. The firm has a market capitalization of £587,875.20, a P/E ratio of -0.00 and a beta of 0.44. The company has a debt-to-equity ratio of 1,671.84, a quick ratio of 3.00 and a current ratio of 1.88.
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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