Livermore Investments Group (LON:LIV) Trading Up 7.2% - Still a Buy?

Key Points

• Shares jumped 7.2% on Monday to GBX 49.80 (intraday high GBX 50), but trading was extremely thin with only 12 shares changing hands versus an average of 15,136.
• The company has a market capitalization of £82.35 million and a negative P/E (-16.60), while leverage is modest (debt-to-equity 0.32) and reported liquidity metrics are high (current ratio 5.11, quick ratio 11.44).
• Livermore Investments Group is a publicly owned investment manager that primarily invests in fixed-income instruments, notably Collateralized Loan Obligations (CLOs).

Shares of Livermore Investments Group Limited (LON:LIV - ) shot up 7.2% on Monday . The company traded as high as GBX 50 and last traded at GBX 49.80. 12 shares were traded during trading, a decline of 100% from the average session volume of 15,136 shares. The stock had previously closed at GBX 46.43.

Livermore Investments Group Stock Up 7.2%

The company has a debt-to-equity ratio of 0.32, a current ratio of 5.11 and a quick ratio of 11.44. The stock has a market capitalization of £82.35 million, a P/E ratio of -16.60 and a beta of 0.36. The firm has a 50-day simple moving average of GBX 54.64 and a 200 day simple moving average of GBX 52.27.

About Livermore Investments Group

Livermore Investments Group Limited is a publicly owned investment manager. The firm primarily invests in fixed income instruments such as Collateralized Loan Obligations (CLOs). The company, formerly Empire Online Limited, was incorporated in 2002 and is headquartered in Road Town, British Virgin Islands.

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