Litigation Capital Management (LON:LIT) Shares Down 25.9% – Should You Sell?

Shares of Litigation Capital Management Limited (LON:LITGet Free Report) dropped 25.9% during trading on Wednesday . The company traded as low as GBX 6.32 and last traded at GBX 6.36. Approximately 5,232,805 shares changed hands during trading, an increase of 697% from the average daily volume of 656,279 shares. The stock had previously closed at GBX 8.58.

Litigation Capital Management Stock Performance

The stock’s fifty day simple moving average is GBX 9.57 and its 200-day simple moving average is GBX 23.02. 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 company has a market capitalization of £7.56 million, a PE ratio of -0.10 and a beta of 0.31.

About Litigation Capital Management

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Litigation Capital Management Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Litigation Capital Management and related companies with MarketBeat.com's FREE daily email newsletter.