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

Litigation Capital Management Limited (LON:LITGet Free Report) insider Patrick Moloney sold 75,991 shares of the business’s stock in a transaction that occurred 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 0.9 %

Shares of LIT opened at GBX 113.50 ($1.47) on Friday. Litigation Capital Management Limited has a fifty-two week low of GBX 84.50 ($1.10) and a fifty-two week high of GBX 122 ($1.58). The company’s fifty day moving average is GBX 103.89 and its two-hundred day moving average is GBX 107.90. The firm has a market cap of £116.39 million, a PE ratio of 1,891.67 and a beta of 0.31. The company has a quick ratio of 3.01, a current ratio of 17.54 and a debt-to-equity ratio of 32.77.

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 was Thursday, October 3rd. Litigation Capital Management’s dividend payout ratio (DPR) is presently 1,666.67%.

Litigation Capital Management Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Litigation Capital Management Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Litigation Capital Management and related companies with MarketBeat.com's FREE daily email newsletter.