Litigation Capital Management (LON:LIT) Stock Jumps 31.3% – Still a Buy?

Litigation Capital Management Limited (LON:LIT – Get Free Report) was up 31.3% during trading on Monday. The stock traded as high as GBX 0.94 and last traded at GBX 0.66. 11,124,717 shares traded hands during trading, an increase of 1,071% from the average session volume of 949,991 shares. The stock had previously closed at GBX 0.50.

Litigation Capital Management Trading Up 31.3%

The firm has a market capitalization of £675,540.80, a P/E ratio of -0.00 and a beta of 0.44. The firm has a 50-day moving average of GBX 1.24 and a 200-day moving average of GBX 4.10. The company has a debt-to-equity ratio of -233.96, a quick ratio of 3.00 and a current ratio of 4.78.

About Litigation Capital Management

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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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