Litigation Capital Management (LON:LIT) Stock Price Down 10.2% – Time to Sell?

Litigation Capital Management Limited (LON:LITGet Free Report)’s share price fell 10.2% during mid-day trading on Friday . The stock traded as low as GBX 1.65 and last traded at GBX 1.70. Approximately 208,482 shares changed hands during trading, a decline of 54% from the average daily volume of 453,469 shares. The stock had previously closed at GBX 1.89.

Litigation Capital Management Trading Down 10.2%

The stock has a market cap of £1.75 million, a price-to-earnings ratio of -0.01 and a beta of 0.46. The business’s 50 day moving average is GBX 2.22 and its 200 day moving average is GBX 5.12. The company has a debt-to-equity ratio of 1,671.84, a current ratio of 1.88 and a quick ratio of 3.00.

Litigation Capital Management Company Profile

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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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