Literacy Capital (LON:BOOK) Hits New 52-Week Low – Here’s Why

Literacy Capital PLC (LON:BOOKGet Free Report) shares hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 295 and last traded at GBX 310, with a volume of 2839 shares changing hands. The stock had previously closed at GBX 309.30.

Literacy Capital Trading Up 0.2%

The stock has a market cap of £186.54 million, a P/E ratio of 252.03 and a beta of 0.36. The company has a debt-to-equity ratio of 8.56, a quick ratio of 1.73 and a current ratio of 0.70. The stock has a 50-day moving average price of GBX 319.68 and a 200-day moving average price of GBX 359.70.

Literacy Capital (LON:BOOKGet Free Report) last issued its quarterly earnings results on Wednesday, March 25th. The company reported GBX 1.23 earnings per share (EPS) for the quarter. Literacy Capital had a return on equity of 2.35% and a net margin of 49.84%.

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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