Literacy Capital (LON:BOOK) Hits New 52-Week High at $535.00

Literacy Capital PLC (LON:BOOK) shares hit a new 52-week high during trading on Friday . The stock traded as high as GBX 535 ($6.80) and last traded at GBX 535 ($6.80), with a volume of 42 shares changing hands. The stock had previously closed at GBX 527.50 ($6.70).

Literacy Capital Price Performance

The stock has a 50-day moving average price of GBX 520.40 and a two-hundred day moving average price of GBX 497.18. 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 has a market cap of £321 million, a price-to-earnings ratio of 668.75 and a beta of -0.22.

Insiders Place Their Bets

In related news, insider Christopher Sellers acquired 17,500 shares of the firm’s stock in a transaction that occurred on Monday, April 8th. The stock was purchased at an average cost of GBX 501 ($6.37) per share, with a total value of £87,675 ($111,404.07). Corporate insiders own 60.37% of the company’s stock.

About Literacy Capital

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.