Literacy Capital (LON:BOOK) Sets New 1-Year Low – Time to Sell?

Shares of Literacy Capital PLC (LON:BOOKGet Free Report) hit a new 52-week low during trading on Friday . The company traded as low as GBX 294 and last traded at GBX 300, with a volume of 81931 shares trading hands. The stock had previously closed at GBX 300.

Literacy Capital Stock Performance

The stock has a market capitalization of £180.53 million, a P/E ratio of 243.90 and a beta of 0.36. The stock’s 50-day simple moving average is GBX 309.91 and its 200 day simple moving average is GBX 348.57. The company has a debt-to-equity ratio of 8.56, a current ratio of 0.70 and a quick ratio of 1.73.

Literacy Capital Company Profile

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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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