Insider Selling: Litigation Capital Management Limited (LON:LIT) Insider Sells 75,991 Shares of Stock

Litigation Capital Management Limited (LON:LIT - Get Free Report) insider Patrick Moloney sold 75,991 shares of the company's stock in a transaction that occurred on Monday, October 28th. The shares were sold at an average price of GBX 112 ($1.45), for a total value of £85,109.92 ($110,374.69).

Litigation Capital Management Trading Up 1.8 %

Shares of LIT traded up GBX 2 ($0.03) during mid-day trading on Wednesday, hitting GBX 112.50 ($1.46). The company had a trading volume of 120,203 shares, compared to its average volume of 137,619. Litigation Capital Management Limited has a 1-year low of GBX 84.50 ($1.10) and a 1-year high of GBX 122 ($1.58). The business's 50-day simple moving average is GBX 103.49 and its 200-day simple moving average is GBX 107.84. The stock has a market cap of £115.37 million, a PE ratio of 1,881.50 and a beta of 0.31. The company has a quick ratio of 3.01, a current ratio of 17.54 and a debt-to-equity ratio of 32.77.

Litigation Capital Management Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, October 25th. Investors of record on Thursday, October 3rd were given a dividend of GBX 1.25 ($0.02) per share. This represents a yield of 1.26%. The ex-dividend date was Thursday, October 3rd. Litigation Capital Management's dividend payout ratio (DPR) is presently 1,666.67%.

Litigation Capital Management Company Profile

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.