Literacy Capital (LON:BOOK) Sets New 52-Week Low – Here’s Why

Shares of Literacy Capital PLC (LON:BOOK) reached a new 52-week low on Friday . The stock traded as low as GBX 390 ($4.93) and last traded at GBX 402 ($5.08), with a volume of 4981 shares. The stock had previously closed at GBX 400 ($5.05).

Literacy Capital Stock Up 0.5 %

The company has a 50 day moving average price of GBX 438.52 and a two-hundred day moving average price of GBX 470.41. The company has a debt-to-equity ratio of 3.14, a current ratio of 0.05 and a quick ratio of 1.73. The stock has a market cap of £234.02 million, a PE ratio of 32.39 and a beta of -0.25.

Literacy Capital Company Profile

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.