Litigation Capital Management (LON:LIT) Shares Up 37.2% – Here’s What Happened

Shares of Litigation Capital Management Limited (LON:LITGet Free Report) rose 37.2% on Friday . The company traded as high as GBX 45.40 ($0.61) and last traded at GBX 45.40 ($0.61). Approximately 1,066,622 shares were traded during trading, an increase of 225% from the average daily volume of 328,492 shares. The stock had previously closed at GBX 33.10 ($0.44).

Litigation Capital Management Price Performance

The company has a debt-to-equity ratio of 32.77, a current ratio of 17.54 and a quick ratio of 3.01. The firm has a market cap of £102.87 million, a P/E ratio of 7.78 and a beta of 0.31. The stock’s 50-day simple moving average is GBX 31.09 and its two-hundred day simple moving average is GBX 48.29.

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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