Literacy Capital PLC (LON:BOOK - Get Free Report) shares dropped 0.6% on Monday . The stock traded as low as GBX 440 ($5.43) and last traded at GBX 447.50 ($5.52). Approximately 2,668 shares were traded during trading, a decline of 84% from the average daily volume of 16,486 shares. The stock had previously closed at GBX 450 ($5.55).
The company has a market capitalization of £269.26 million, a PE ratio of 1,316.18 and a beta of -0.25. The company has a current ratio of 0.16, a quick ratio of 1.73 and a debt-to-equity ratio of 2.07. The business's fifty day moving average is GBX 464.17 and its two-hundred day moving average is GBX 486.09.
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.
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