Litigation Capital Management Limited (LON:LIT - Get Free Report)'s share price fell 2.8% on Wednesday . The stock traded as low as GBX 104 ($1.32) and last traded at GBX 105.50 ($1.34). 371,465 shares were traded during mid-day trading, an increase of 144% from the average session volume of 152,442 shares. The stock had previously closed at GBX 108.50 ($1.38).
Litigation Capital Management Trading Down 0.7 %
The stock's 50 day simple moving average is GBX 112.33 and its 200 day simple moving average is GBX 107.78. The firm has a market cap of £107.42 million, a PE ratio of 1,745.83 and a beta of 0.31. The company has a debt-to-equity ratio of 32.77, a quick ratio of 3.01 and a current ratio of 17.54.
Litigation Capital Management Cuts Dividend
The company also recently disclosed a dividend, which was paid on Friday, October 25th. Investors of record on Thursday, October 3rd were issued a dividend of GBX 1.25 ($0.02) per share. The ex-dividend date of this dividend was Thursday, October 3rd. This represents a dividend yield of 1.26%. Litigation Capital Management's dividend payout ratio is 1,666.67%.
Insider Buying and Selling at Litigation Capital Management
In other news, insider Patrick Moloney sold 75,991 shares of Litigation Capital Management stock in a transaction dated Monday, October 28th. The stock was sold at an average price of GBX 112 ($1.42), for a total value of £85,109.92 ($107,884.29). Company insiders own 19.51% of the company's stock.
About Litigation Capital Management
(
Get Free Report)
Litigation Capital Management Limited provides dispute finance and risk management services in Australia and the United Kingdom. The company operates in two business models, including direct investments made from LCM's permanent balance sheet capital; and fund and/or asset management. Its products and services include dispute finance for companies, international arbitration, and law firms; disbursement funding; enforcement funding/purchase of award; and adverse cost and security for costs.
Further Reading
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
Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
