Litigation Capital Management Ltd (LON:LIT) was down 0.6% during mid-day trading on Friday . The company traded as low as GBX 72 ($0.95) and last traded at GBX 72 ($0.95), approximately 134,603 shares were traded during trading. The stock had previously closed at GBX 72.40 ($0.95).
Separately, Canaccord Genuity raised their price target on shares of Litigation Capital Management from GBX 88 ($1.16) to GBX 100 ($1.32) and gave the company a “buy” rating in a report on Friday, November 1st.
The business’s fifty day moving average price is GBX 69.36 and its 200-day moving average price is GBX 78.64. The stock has a market cap of $81.39 million and a PE ratio of 6.49.
Litigation Capital Management Limited provides litigation finance and risk management associated with individual and portfolios of litigation projects in Australia. It offers funding of contentious commercial litigation and class actions, as well as corporate risk management associated with litigation.
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