Litigation Capital Management (LON:LIT) Trading Up 37.2% – Here’s What Happened

Shares of Litigation Capital Management Limited (LON:LIT) were up 37.2% during mid-day trading on Friday . The company traded as high as GBX 45.40 ($0.61) and last traded at GBX 45.40 ($0.61). Approximately 1,066,622 shares were traded during mid-day trading, an increase of 225% from the average daily volume of 328,492 shares. The stock had previously closed at GBX 33.10 ($0.45).

Litigation Capital Management Stock Up 11.2%

The company has a quick ratio of 3.01, a current ratio of 17.54 and a debt-to-equity ratio of 32.77. The business has a 50-day moving average price of GBX 30.91 and a 200-day moving average price of GBX 47.77. The firm has a market capitalization of £83.39 million, a PE ratio of 6.31 and a beta of 0.31.

Litigation Capital Management Company Profile

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.