Litigation Capital Management (LON:LIT) Hits New 52-Week Low – Here’s Why

Litigation Capital Management Limited (LON:LITGet Free Report) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 2.01 and last traded at GBX 2.50, with a volume of 125668 shares. The stock had previously closed at GBX 2.65.

Litigation Capital Management Trading Down 8.3%

The firm has a fifty day simple moving average of GBX 3.90 and a two-hundred day simple moving average of GBX 7.22. The stock has a market cap of £2.35 million, a PE ratio of -0.01 and a beta of 0.38. The company has a current ratio of 1.88, a quick ratio of 3.01 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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