Litigation Capital Management Limited (LON:LIT) Insider Patrick Moloney Sells 75,991 Shares

Litigation Capital Management Limited (LON:LIT) insider Patrick Moloney sold 75,991 shares of the company’s stock in a transaction on Monday, October 28th. The shares were sold at an average price of GBX 112 ($1.45), for a total transaction of £85,109.92 ($110,374.69).

Litigation Capital Management Stock Up 1.4 %

LIT stock opened at GBX 112 ($1.45) on Wednesday. The firm’s fifty day simple moving average is GBX 103.23 and its 200-day simple moving average is GBX 107.84. Litigation Capital Management Limited has a 12 month low of GBX 84.50 ($1.10) and a 12 month high of GBX 122 ($1.58). The company has a market capitalization of £114.86 million, a P/E ratio of 1,841.67 and a beta of 0.31. The company has a debt-to-equity ratio of 32.77, a current ratio of 17.54 and a quick ratio of 3.01.

Litigation Capital Management Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, October 25th. Investors of record on Thursday, October 3rd were issued 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 presently 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.