Litigation Capital Management (LON:LIT) Stock Price Up 5.7% – Time to Buy?

Litigation Capital Management Limited (LON:LITGet Free Report) shares were up 5.7% on Tuesday . The stock traded as high as GBX 2.25 and last traded at GBX 2.22. Approximately 589,734 shares were traded during mid-day trading, an increase of 23% from the average session volume of 480,813 shares. The stock had previously closed at GBX 2.10.

Litigation Capital Management Stock Up 5.7%

The company has a quick ratio of 3.00, a current ratio of 1.88 and a debt-to-equity ratio of 1,671.84. The company has a market cap of £2.29 million, a price-to-earnings ratio of -0.01 and a beta of 0.34. The stock has a fifty day moving average price of GBX 3.64 and a two-hundred day moving average price of GBX 6.82.

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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