Litigation Capital Management (LON:LIT) Reaches New 1-Year Low – What’s Next?

Shares of Litigation Capital Management Limited (LON:LITGet Free Report) reached a new 52-week low on Tuesday . The company traded as low as GBX 1.40 and last traded at GBX 1.72, with a volume of 2141308 shares changing hands. The stock had previously closed at GBX 1.63.

Litigation Capital Management Price Performance

The stock has a market cap of £2.37 million, a P/E ratio of -0.01 and a beta of 0.43. The firm has a 50 day moving average price of GBX 2.73 and a 200 day moving average price of GBX 5.88. 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.

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.

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