Litigation Capital Management Limited (LON:LIT – Get Free Report)’s stock price rose 15.3% during trading on Friday . The stock traded as high as GBX 12.60 ($0.17) and last traded at GBX 12.40 ($0.17). Approximately 15,451,806 shares traded hands during mid-day trading, an increase of 2,254% from the average daily volume of 656,439 shares. The stock had previously closed at GBX 10.75 ($0.14).
Litigation Capital Management Stock Performance
The company has a debt-to-equity ratio of 32.77, a quick ratio of 3.01 and a current ratio of 17.54. The firm has a market cap of £11.50 million, a P/E ratio of -357.83 and a beta of 0.31. The firm’s fifty day moving average price is GBX 32.67 and its 200 day moving average price is GBX 39.80.
About Litigation Capital Management
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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