Litigation Capital Management (LON:LIT) Stock Price Down 21.2% – Here’s What Happened

Litigation Capital Management Limited (LON:LIT – Get Free Report)’s stock price traded down 21.2% on Tuesday. The company traded as low as GBX 1.66 and last traded at GBX 1.66. 154,842 shares changed hands during 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 21.2%

The stock has a market cap of £1.71 million, a price-to-earnings ratio of -0.01 and a beta of 0.44. The firm’s 50 day moving average is GBX 1.97 and its two-hundred day moving average is GBX 3.19. The company has a quick ratio of 3.00, a current ratio of 1.88 and a debt-to-equity ratio of 1,671.84.

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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