Litigation Capital Management (LON:LIT) Trading Up 4%

Litigation Capital Management Limited (LON:LIT)’s share price was up 4% during mid-day trading on Thursday . The stock traded as high as GBX 117.50 ($1.45) and last traded at GBX 117.50 ($1.45). Approximately 186,300 shares traded hands during trading, an increase of 36% from the average daily volume of 136,602 shares. The stock had previously closed at GBX 113 ($1.40).

Litigation Capital Management Stock Up 4.0 %

The firm has a fifty day simple moving average of GBX 102.99 and a 200-day simple moving average of GBX 100.83. The firm has a market cap of £137.72 million, a price-to-earnings ratio of 618.42 and a beta of 0.47. The company has a debt-to-equity ratio of 32.25, a quick ratio of 3.01 and a current ratio of 36.19.

About Litigation Capital Management

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.