Literacy Capital (LON:BOOK) Sets New 12-Month Low - What's Next?

Key Points

• Literacy Capital PLC shares hit a new 52-week low, trading at GBX 356 ($4.80) before closing at GBX 360 ($4.85).
• The company's debt-to-equity ratio stands at 3.14, and it reported a return on equity of 2.42% with a net margin of 63.70% during its last earnings report.
• Literacy Capital is not just an investment company; it also donates 0.5% of net assets annually to literacy charities in the UK.

Literacy Capital PLC (LON:BOOK - Get Free Report)'s share price reached a new 52-week low on Tuesday . The company traded as low as GBX 356 ($4.80) and last traded at GBX 360 ($4.85), with a volume of 18827 shares traded. The stock had previously closed at GBX 368 ($4.96).

Literacy Capital Stock Down 2.2%

The business has a 50-day moving average price of GBX 393.37 and a two-hundred day moving average price of GBX 410.51. The company has a quick ratio of 1.73, a current ratio of 0.05 and a debt-to-equity ratio of 3.14. The firm has a market cap of £216.63 million, a PE ratio of -11,881.19 and a beta of -0.25.

Literacy Capital (LON:BOOK - Get Free Report) last posted its quarterly earnings data on Tuesday, August 26th. The company reported GBX 26.69 earnings per share for the quarter. Literacy Capital had a return on equity of 2.42% and a net margin of 63.70%.

About Literacy Capital

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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