Litigation Capital Management (LON:LIT) Trading 69.2% Higher – Still a Buy?

Litigation Capital Management Limited (LON:LITGet Free Report) was up 69.2% during trading on Thursday . The stock traded as high as GBX 3 and last traded at GBX 3. 1,101,650 shares traded hands during mid-day trading, an increase of 130% from the average daily volume of 479,297 shares. The stock had previously closed at GBX 1.77.

Litigation Capital Management Stock Down 3.3%

The company’s fifty day moving average price is GBX 2.68 and its 200-day moving average price is GBX 5.82. The stock has a market capitalization of £2.99 million, a PE ratio of -0.02 and a beta of 0.43. 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.

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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