Literacy Capital (LON:BOOK) Reaches New 52-Week Low – Should You Sell?

Literacy Capital PLC (LON:BOOKGet Free Report) reached a new 52-week low on Thursday . The stock traded as low as GBX 380 ($4.82) and last traded at GBX 380 ($4.82), with a volume of 10950 shares trading hands. The stock had previously closed at GBX 400 ($5.07).

Literacy Capital Stock Performance

The firm has a fifty day moving average of GBX 434.94 and a 200-day moving average of GBX 467.92. The company has a quick ratio of 1.73, a current ratio of 0.05 and a debt-to-equity ratio of 3.14. The stock has a market capitalization of £221.21 million, a price-to-earnings ratio of 30.62 and a beta of -0.25.

Literacy Capital Company Profile

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Literacy Capital plc is a closed-end investment company established in 2017 that is focused on investing in and supporting UK businesses and helping their management teams achieve success.

It also has an unusual charitable feature with donations made each year to literacy charities in the UK equating to 0.9% of net assets p.a.

Further Reading

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