Shares of Litigation Capital Management Limited (LON:LIT - Get Free Report) traded down 1.2% on Monday . The company traded as low as GBX 46 ($0.61) and last traded at GBX 46.90 ($0.62). 146,369 shares changed hands during trading, a decline of 55% from the average session volume of 326,236 shares. The stock had previously closed at GBX 47.45 ($0.63).
Analysts Set New Price Targets
Separately, Canaccord Genuity Group reissued a "buy" rating and set a GBX 182 ($2.42) price objective on shares of Litigation Capital Management in a report on Tuesday, March 18th.
Check Out Our Latest Stock Analysis on LIT
Litigation Capital Management Trading Down 0.7%
The company has a debt-to-equity ratio of 32.77, a current ratio of 17.54 and a quick ratio of 3.01. The firm has a market capitalization of £128.25 million, a PE ratio of 9.71 and a beta of 0.31. The business's 50-day moving average price is GBX 54.73 and its 200-day moving average price is GBX 83.13.
Litigation Capital Management Company Profile
(
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.
Recommended Stories
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
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
