Litigation Capital Management Limited (LON:LIT - Get Free Report) hit a new 52-week low on Thursday . The stock traded as low as GBX 24.70 ($0.34) and last traded at GBX 27 ($0.37), with a volume of 492667 shares trading hands. The stock had previously closed at GBX 26 ($0.36).
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group reissued a "buy" rating and set a GBX 182 ($2.49) price objective on shares of Litigation Capital Management in a report on Tuesday, March 18th.
Check Out Our Latest Analysis on LIT
Litigation Capital Management Price Performance
The business's 50-day moving average price is GBX 43.41 and its 200 day moving average price is GBX 63.58. The company has a market capitalization of £56.20 million, a P/E ratio of 4.25 and a beta of 0.31. The company has a quick ratio of 3.01, a current ratio of 17.54 and a debt-to-equity ratio of 32.77.
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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