Litigation Capital Management (LON:LIT) Sets New 52-Week Low – What’s Next?

Shares of Litigation Capital Management Limited (LON:LITGet Free Report) reached a new 52-week low on Wednesday . The stock traded as low as GBX 2.01 and last traded at GBX 2.50, with a volume of 125668 shares changing hands. The stock had previously closed at GBX 2.65.

Litigation Capital Management Stock Performance

The stock has a 50 day moving average price of GBX 4.03 and a two-hundred day moving average price of GBX 7.34. The company has a debt-to-equity ratio of 1,671.84, a current ratio of 1.88 and a quick ratio of 3.01. The company has a market capitalization of £2.58 million, a price-to-earnings ratio of -0.01 and a beta of 0.38.

About Litigation Capital Management

(Get Free Report)

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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