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Literacy Capital (LON:BOOK) Shares Down 0.9% - Should You Sell?

Literacy Capital logo with Financial Services background
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Key Points

  • Shares fell 0.9% to GBX 328 on Wednesday with ~21,139 shares traded (about 45% below average), and the stock is trading below its 50‑day (GBX 347.03) and 200‑day (GBX 371.40) moving averages.
  • Valuation and results show a PE of 266.67 and market cap of £197.37 million, with quarterly EPS of GBX 1.23 and a high net margin (49.84%) but a low return on equity (2.35%), implying a rich valuation relative to ROE.
  • Literacy Capital is a closed‑end investment company focused on UK businesses that also donates 0.5% of net assets annually to literacy charities.
  • Five stocks we like better than Literacy Capital.

Literacy Capital PLC (LON:BOOK - Get Free Report)'s stock price was down 0.9% during trading on Wednesday . The stock traded as low as GBX 328 and last traded at GBX 328. Approximately 21,139 shares changed hands during trading, a decline of 45% from the average daily volume of 38,568 shares. The stock had previously closed at GBX 331.

Literacy Capital Price Performance

The company has a quick ratio of 1.73, a current ratio of 0.70 and a debt-to-equity ratio of 8.56. The company has a market cap of £197.37 million, a PE ratio of 266.67 and a beta of 0.36. The business's 50 day moving average price is GBX 347.03 and its 200-day moving average price is GBX 371.40.

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

About Literacy Capital

(Get Free Report)

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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