Literacy Capital (LON:BOOK) Sets New 52-Week Low – Should You Sell?

Literacy Capital PLC (LON:BOOK) hit a new 52-week low on Thursday . The company traded as low as GBX 294 and last traded at GBX 294, with a volume of 9348 shares trading hands. The stock had previously closed at GBX 300.

Literacy Capital Stock Performance

The stock has a fifty day moving average of GBX 307.22 and a 200-day moving average of GBX 346.13. The company has a quick ratio of 1.73, a current ratio of 0.70 and a debt-to-equity ratio of 8.56. The stock has a market capitalization of £176.91 million, a PE ratio of 239.02 and a beta of 0.36.

Literacy Capital Company Profile

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.