Litigation Capital Management (LON:LIT) Shares Up 1.9% – Here’s Why

Litigation Capital Management Limited (LON:LITGet Free Report) rose 1.9% on Tuesday . The stock traded as high as GBX 9.02 and last traded at GBX 9.02. Approximately 70,706 shares traded hands during trading, a decline of 86% from the average daily volume of 504,378 shares. The stock had previously closed at GBX 8.85.

Litigation Capital Management Stock Performance

The stock has a market cap of £9.26 million, a price-to-earnings ratio of -0.13 and a beta of 0.31. The company’s fifty day simple moving average is GBX 9.25 and its two-hundred day simple moving average is GBX 16.16. The company has a debt-to-equity ratio of 32.77, a current ratio of 17.54 and a quick ratio of 3.01.

About Litigation Capital Management

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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.

Further Reading

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