Literacy Capital (LON:BOOK) Sets New 12-Month Low – Should You Sell?

Shares of Literacy Capital PLC (LON:BOOKGet Free Report) reached a new 52-week low on Thursday . The company traded as low as GBX 420 ($5.17) and last traded at GBX 433.50 ($5.34), with a volume of 8328 shares. The stock had previously closed at GBX 440 ($5.42).

Literacy Capital Stock Down 1.5 %

The firm has a 50 day moving average of GBX 463.76 and a 200-day moving average of GBX 484.83. The company has a debt-to-equity ratio of 2.07, a current ratio of 0.16 and a quick ratio of 1.73. The stock has a market capitalization of £260.84 million, a P/E ratio of 1,275.00 and a beta of -0.25.

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 0.9% of net assets p.a.

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