Litigation Capital Management (LON:LIT) Shares Climb 41.2% – Here’s What Happened

Litigation Capital Management Limited (LON:LIT – Get Free Report)’s share price traded up 41.2% on Monday. The stock traded as high as GBX 1.14 and last traded at GBX 0.85. Approximately 22,304,232 shares traded hands during trading, an increase of 2,660% from the average daily volume of 808,123 shares. The stock had previously closed at GBX 0.60.

Litigation Capital Management Stock Performance

The company has a market capitalization of £873,561.92, a P/E ratio of -0.01 and a beta of 0.44. The stock’s fifty day moving average price is GBX 1.52 and its 200-day moving average price is GBX 2.54. The company has a debt-to-equity ratio of -233.96, a quick ratio of 3.00 and a current ratio of 4.78.

About Litigation Capital Management

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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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