Literacy Capital (LON:BOOK) Reaches New 52-Week Low – What’s Next?

Shares of Literacy Capital PLC (LON:BOOKGet Free Report) reached a new 52-week low during trading on Thursday . The stock traded as low as GBX 294 and last traded at GBX 301.25, with a volume of 2171 shares. The stock had previously closed at GBX 299.

Literacy Capital Stock Performance

The firm has a 50 day moving average of GBX 303.86 and a two-hundred day moving average of GBX 343.19. The company has a debt-to-equity ratio of 8.56, a quick ratio of 1.73 and a current ratio of 0.70. The stock has a market cap of £181.28 million, a P/E ratio of 244.92 and a beta of 0.36.

Literacy Capital Company Profile

(Get Free Report)

Literacy Capital plc is a closed-end investment company established in 2017 that is focused on investing in and supporting UK businesses and helping their management teams achieve success.

It also has an unusual charitable feature with donations made each year to literacy charities in the UK equating to 0.5% of net assets p.a.

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