Literacy Capital (LON:BOOK) Stock Price Down 0.8% – Here’s Why

Literacy Capital PLC (LON:BOOKGet Free Report) dropped 0.8% on Tuesday . The company traded as low as GBX 464 ($6.02) and last traded at GBX 475 ($6.17). Approximately 9,006 shares changed hands during trading, a decline of 68% from the average daily volume of 28,297 shares. The stock had previously closed at GBX 479 ($6.22).

Literacy Capital Stock Performance

The business’s 50 day moving average is GBX 498.75 and its two-hundred day moving average is GBX 511.14. The company has a quick ratio of 1.73, a current ratio of 0.16 and a debt-to-equity ratio of 2.07. The firm has a market capitalization of £283.40 million, a P/E ratio of 1,385.29 and a beta of -0.25.

About Literacy Capital

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Literacy Capital plc is a venture capital and private equity firm specializing in early stage investments, direct private equity investments, buyout, growth capital, MBIs, M&A, mature, family owned, fund investments and co investments with private equity managers. The firm is sector agnostic. The firm seeks to invest in United Kingdom.

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