Litigation Capital Management (LON:LIT) Trading Up 21% – Here’s Why

Shares of Litigation Capital Management Limited (LON:LIT) were up 21% on Wednesday . The stock traded as high as GBX 5 and last traded at GBX 4.90. Approximately 1,793,546 shares were traded during trading, an increase of 186% from the average daily volume of 627,935 shares. The stock had previously closed at GBX 4.05.

Litigation Capital Management Trading Up 21.0%

The company has a current ratio of 1.88, a quick ratio of 3.01 and a debt-to-equity ratio of 1,671.84. The firm has a market capitalization of £5.03 million, a P/E ratio of -0.07 and a beta of 0.31. The firm has a 50-day moving average of GBX 7.38 and a two-hundred day moving average of GBX 9.10.

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.