Free Trial

Litigation Capital Management (LON:LIT) Shares Down 2.2% - Here's What Happened

Litigation Capital Management logo with Financial Services background

Litigation Capital Management Limited (LON:LIT - Get Free Report) fell 2.2% on Wednesday . The stock traded as low as GBX 25.60 ($0.35) and last traded at GBX 26.40 ($0.36). 144,066 shares traded hands during mid-day trading, a decline of 56% from the average session volume of 325,651 shares. The stock had previously closed at GBX 27 ($0.37).

Analyst Ratings Changes

Separately, Canaccord Genuity Group reiterated a "buy" rating and issued a GBX 182 ($2.47) price target on shares of Litigation Capital Management in a research report on Tuesday, March 18th.

View Our Latest Analysis on Litigation Capital Management

Litigation Capital Management Stock Down 2.2%

The company has a market cap of £59.82 million, a P/E ratio of 4.53 and a beta of 0.31. The company has a 50 day moving average of GBX 42 and a 200-day moving average of GBX 62.04. The company has a debt-to-equity ratio of 32.77, a current ratio of 17.54 and a quick ratio of 3.01.

About Litigation Capital Management

(Get Free Report)

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.

Featured Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Litigation Capital Management Right Now?

Before you consider Litigation Capital Management, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Litigation Capital Management wasn't on the list.

While Litigation Capital Management currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Beginner's Guide To Retirement Stocks Cover

Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Don’t Miss These Top 3 Defense Stocks Set To Gain
Triple-Digit Gains: These 4 Nuclear Stocks Have Even More Upside Ahead
3 Made in America Stocks Under $20 You Need to See!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines