Literacy Capital (LON:BOOK) Reaches New 12-Month Low – Should You Sell?

Literacy Capital PLC (LON:BOOKGet Free Report) hit a new 52-week low on Thursday . The company traded as low as GBX 380 ($4.78) and last traded at GBX 380 ($4.78), with a volume of 10950 shares. The stock had previously closed at GBX 400 ($5.03).

Literacy Capital Stock Performance

The stock has a market capitalization of £230.94 million, a price-to-earnings ratio of 31.97 and a beta of -0.25. The company has a current ratio of 0.05, a quick ratio of 1.73 and a debt-to-equity ratio of 3.14. The stock’s 50 day moving average is GBX 432.32 and its two-hundred day moving average is GBX 466.51.

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.

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