Litigation Capital Management (LON:LIT) Shares Up 11.6% – Still a Buy?

Shares of Litigation Capital Management Limited (LON:LITGet Free Report) rose 11.6% during mid-day trading on Wednesday . The company traded as high as GBX 7.70 and last traded at GBX 7.70. Approximately 1,514,574 shares changed hands during trading, an increase of 132% from the average daily volume of 651,882 shares. The stock had previously closed at GBX 6.90.

Litigation Capital Management Price Performance

The firm has a market capitalization of £7.91 million, a PE ratio of -0.11 and a beta of 0.31. The stock has a 50-day moving average price of GBX 9.38 and a 200 day moving average price of GBX 21.64. The company has a quick ratio of 3.01, a current ratio of 17.54 and a debt-to-equity ratio of 32.77.

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.

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