Litigation Capital Management (LON:LIT) Stock Price Down 9.9% – Time to Sell?

Litigation Capital Management Limited (LON:LITGet Free Report)’s share price dropped 9.9% on Wednesday . The company traded as low as GBX 1.95 and last traded at GBX 2. 631,941 shares traded hands during trading, an increase of 31% from the average session volume of 482,083 shares. The stock had previously closed at GBX 2.22.

Litigation Capital Management Stock Performance

The firm has a market cap of £2.06 million, a price-to-earnings ratio of -0.01 and a beta of 0.34. The firm’s 50 day moving average is GBX 3.59 and its 200-day moving average is GBX 6.76. The company has a debt-to-equity ratio of 1,671.84, a quick ratio of 3.00 and a current ratio of 1.88.

Litigation Capital Management Company Profile

(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.

Read More

Receive News & Ratings for Litigation Capital Management Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Litigation Capital Management and related companies with MarketBeat.com's FREE daily email newsletter.