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

Litigation Capital Management Limited (LON:LIT) insider Patrick Moloney sold 75,991 shares of the firm’s stock in a transaction dated 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 Stock Performance

LON:LIT opened at GBX 112.50 ($1.46) on Friday. 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 firm’s fifty day simple moving average is GBX 103.70 and its 200 day simple moving average is GBX 107.87. The stock has a market cap of £115.37 million, a P/E ratio of 1,875.00 and a beta of 0.31. 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).

Litigation Capital Management Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, October 25th. Investors of record on Thursday, October 3rd were paid a GBX 1.25 ($0.02) dividend. This represents a yield of 1.26%. The ex-dividend date of this dividend was Thursday, October 3rd. Litigation Capital Management’s payout ratio is currently 1,666.67%.

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.