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

Litigation Capital Management Limited (LON:LIT) shares rose 4% 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 Performance

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

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.