Litigation Capital Management (LON:LIT) Stock Price Up 11.5% – Should You Buy?

Litigation Capital Management Limited (LON:LITGet Free Report) rose 11.5% on Friday . The company traded as high as GBX 1.70 and last traded at GBX 1.70. Approximately 460,405 shares were traded during trading, a decline of 3% from the average session volume of 475,452 shares. The stock had previously closed at GBX 1.52.

Litigation Capital Management Stock Up 11.5%

The stock has a market capitalization of £1.75 million, a P/E ratio of -0.01 and a beta of 0.43. The company has a current ratio of 1.88, a quick ratio of 3.00 and a debt-to-equity ratio of 1,671.84. The stock’s 50 day simple moving average is GBX 2.95 and its 200 day simple moving average is GBX 6.05.

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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