Literacy Capital (LON:BOOK) Trading Up 0.8% – Still a Buy?

Literacy Capital PLC (LON:BOOK)’s stock price rose 0.8% during trading on Friday . The stock traded as high as GBX 370 and last traded at GBX 370. Approximately 2,195 shares traded hands during trading, a decline of 95% from the average daily volume of 42,555 shares. The stock had previously closed at GBX 367.

Literacy Capital Stock Up 0.8%

The stock’s 50 day simple moving average is GBX 391.78 and its two-hundred day simple moving average is GBX 382.29. The firm has a market cap of £222.65 million, a P/E ratio of -122.11 and a beta of 0.12. The company has a debt-to-equity ratio of 12.20, a current ratio of 3.89 and a quick ratio of 1.73.

About Literacy Capital

Literacy Capital plc is a closed-end investment company established in 2017 that is focused on investing in and supporting UK businesses and helping their management teams achieve success.

It also has an unusual charitable feature with donations made each year to literacy charities in the UK equating to 0.5% of net assets p.a.