Litigation Capital Management (LON:LIT) Shares Up 16.7% – Here’s What Happened

Shares of Litigation Capital Management Limited (LON:LITGet Free Report) were up 16.7% during trading on Friday . The company traded as high as GBX 10.50 and last traded at GBX 10.39. Approximately 691,368 shares were traded during trading, an increase of 50% from the average daily volume of 461,941 shares. The stock had previously closed at GBX 8.90.

Litigation Capital Management Price Performance

The business’s 50 day moving average is GBX 9.31 and its two-hundred day moving average is GBX 20.41. 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 capitalization of £11.19 million, a PE ratio of -0.15 and a beta of 0.31.

Litigation Capital Management Company Profile

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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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