Litigation Capital Management Limited (LON:LIT) Insider Sells £85,109.92 in Stock

Litigation Capital Management Limited (LON:LIT) insider Patrick Moloney sold 75,991 shares of the company’s stock in a transaction that occurred on Monday, October 28th. The stock was 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 %

LON:LIT opened at GBX 112.50 ($1.46) on Thursday. Litigation Capital Management Limited has a twelve month low of GBX 84.50 ($1.10) and a twelve month high of GBX 122 ($1.58). The company has a quick ratio of 3.01, a current ratio of 17.54 and a debt-to-equity ratio of 32.77. The business has a 50 day moving average price of GBX 103.49 and a two-hundred day moving average price of GBX 107.84. The company has a market cap of £115.37 million, a P/E ratio of 1,881.50 and a beta of 0.31.

Litigation Capital Management Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, October 25th. Shareholders 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 of this dividend was Thursday, October 3rd. Litigation Capital Management’s dividend payout ratio (DPR) is currently 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.