Litigation Capital Management (LON:LIT) Shares Down 10.2% – Time to Sell?

Shares of Litigation Capital Management Limited (LON:LITGet Free Report) were down 10.2% during mid-day trading on Friday . The stock traded as low as GBX 1.65 and last traded at GBX 1.70. Approximately 208,482 shares changed hands during trading, a decline of 54% from the average daily volume of 453,469 shares. The stock had previously closed at GBX 1.89.

Litigation Capital Management Price Performance

The firm has a market capitalization of £1.75 million, a PE ratio of -0.01 and a beta of 0.46. The company has a current ratio of 1.88, a quick ratio of 3.00 and a debt-to-equity ratio of 1,671.84. The company has a fifty day moving average price of GBX 2.22 and a two-hundred day moving average price of GBX 5.12.

Litigation Capital Management Company Profile

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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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