Litigation Capital Management (LON:LIT) Stock Price Up 9.4% – Still a Buy?

Litigation Capital Management Limited (LON:LIT – Get Free Report) shares were up 9.4% during 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 daily volume of 638,375 shares. The stock had previously closed at GBX 0.32.

Litigation Capital Management Price Performance

The company has a fifty day moving average price of GBX 1.69 and a two-hundred day moving average price of GBX 2.80. The firm has a market cap of £360,976.00, a price-to-earnings ratio of -0.00 and a beta of 0.44.

About Litigation Capital Management

(Get Free Report)

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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