Litigation Capital Management Limited (LON:LIT – Get Free Report) shares rose 6.2% on Wednesday . The stock traded as high as GBX 1.75 and last traded at GBX 1.70. Approximately 611,180 shares were traded during mid-day trading, an increase of 25% from the average session volume of 489,360 shares. The stock had previously closed at GBX 1.60.
Litigation Capital Management Trading Up 6.2%
The firm’s 50-day moving average price is GBX 3.33 and its 200-day moving average price is GBX 6.44. The company has a quick ratio of 3.00, a current ratio of 1.88 and a debt-to-equity ratio of 1,671.84. The company has a market cap of £1.75 million, a P/E ratio of -0.01 and a beta of 0.34.
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.
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