Litigation Capital Management Limited (LON:LIT - Get Free Report) shares were down 1.3% during trading on Tuesday . The company traded as low as GBX 110.50 ($1.43) and last traded at GBX 110.50 ($1.43). Approximately 189,891 shares traded hands during trading, an increase of 38% from the average daily volume of 137,334 shares. The stock had previously closed at GBX 112 ($1.45).
Litigation Capital Management Stock Performance
The company has a current ratio of 17.54, a quick ratio of 3.01 and a debt-to-equity ratio of 32.77. The company's 50-day moving average is GBX 103.23 and its two-hundred day moving average is GBX 107.84. The stock has a market capitalization of £113.32 million, a P/E ratio of 1,841.67 and a beta of 0.31.
Litigation Capital Management Cuts Dividend
The business also recently disclosed a dividend, which was paid on Friday, October 25th. Investors of record on Thursday, October 3rd were issued a GBX 1.25 ($0.02) dividend. This represents a yield of 1.26%. The ex-dividend date of this dividend was Thursday, October 3rd. Litigation Capital Management's payout ratio is currently 1,666.67%.
Litigation Capital Management Company Profile
(
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.
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