Litigation Capital Management (LON:LIT) Stock Jumps 9.4% – Here’s Why

Litigation Capital Management Limited (LON:LIT – Get Free Report) shares were up 9.4% during mid-day trading on Friday. The company traded as high as GBX 0.43 and last traded at GBX 0.35. 8,571,658 shares traded hands during mid-day trading, an increase of 1,243% from the average session volume of 638,375 shares. The stock had previously closed at GBX 0.32.

Litigation Capital Management Stock Performance

The stock has a market cap of £360,976.00, a price-to-earnings ratio of -0.00 and a beta of 0.44. The company’s 50 day simple moving average is GBX 1.69 and its 200 day simple moving average is GBX 2.80.

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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