Literacy Capital (LON:BOOK) Sets New 52-Week Low – Here’s Why

Literacy Capital PLC (LON:BOOKGet Free Report) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 315 and last traded at GBX 320, with a volume of 12063 shares traded. The stock had previously closed at GBX 332.

Literacy Capital Trading Down 3.6%

The company has a quick ratio of 1.73, a current ratio of 0.70 and a debt-to-equity ratio of 8.56. The firm has a market cap of £192.56 million, a P/E ratio of 260.16 and a beta of 0.36. The company’s 50 day simple moving average is GBX 337.60 and its 200-day simple moving average is GBX 369.27.

Literacy Capital (LON:BOOKGet Free Report) last posted its quarterly earnings results on Wednesday, March 25th. The company reported GBX 1.23 earnings per share for the quarter. Literacy Capital had a net margin of 49.84% and a return on equity of 2.35%.

About Literacy Capital

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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.

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