Litigation Capital Management (LON:LIT) Stock Price Down 27.4% – Here’s Why

Litigation Capital Management Limited (LON:LIT – Get Free Report) was down 27.4% on Friday. The company traded as low as GBX 0.38 and last traded at GBX 0.40. 3,768,431 shares were traded during mid-day trading, an increase of 326% from the average session volume of 885,205 shares. The stock had previously closed at GBX 0.55.

Litigation Capital Management Stock Performance

The firm has a market capitalization of £435,233.92, a P/E ratio of -0.00 and a beta of 0.44. The company has a current ratio of 4.78, a quick ratio of 3.00 and a debt-to-equity ratio of -233.96. The company has a 50-day moving average of GBX 1.26 and a 200-day moving average of GBX 4.15.

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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