Litigation Capital Management Limited (LON:LIT - Get Free Report)'s stock price hit a new 52-week low during trading on Monday . The stock traded as low as GBX 57.20 ($0.74) and last traded at GBX 57.20 ($0.74), with a volume of 382056 shares changing hands. The stock had previously closed at GBX 62 ($0.80).
Wall Street Analysts Forecast Growth
Several brokerages have issued reports on LIT. Canaccord Genuity Group reissued a "buy" rating and issued a GBX 182 ($2.35) price objective on shares of Litigation Capital Management in a research note on Tuesday, December 17th. Canaccord Genuity Group reiterated a "buy" rating and issued a GBX 182 ($2.35) price target on shares of Litigation Capital Management in a report on Tuesday, March 18th.
Get Our Latest Stock Analysis on LIT
Litigation Capital Management Trading Down 6.3 %
The stock has a market capitalization of £113.75 million, a P/E ratio of 8.61 and a beta of 0.31. The stock's fifty day moving average price is GBX 70.91 and its 200 day moving average price is GBX 94.03. The company has a debt-to-equity ratio of 32.77, a current ratio of 17.54 and a quick ratio of 3.01.
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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