Litigation Capital Management (LON:LIT) Stock Price Down 25.3% – What’s Next?

Litigation Capital Management Limited (LON:LIT – Get Free Report) shares fell 25.3% on Tuesday. The stock traded as low as GBX 0.50 and last traded at GBX 0.60. Approximately 5,999,344 shares traded hands during mid-day trading, an increase of 627% from the average session volume of 825,283 shares. The stock had previously closed at GBX 0.80.

Litigation Capital Management Stock Down 13.3%

The firm has a market cap of £572,404.80, a price-to-earnings ratio of -0.00 and a beta of 0.44. The company has a debt-to-equity ratio of -233.96, a quick ratio of 3.00 and a current ratio of 4.78. The business’s 50-day moving average is GBX 1.44 and its 200-day moving average is GBX 2.46.

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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