Literacy Capital (LON:BOOK) Trading Down 0.6% – Time to Sell?

Literacy Capital PLC (LON:BOOK) was down 0.6% during trading on Monday . The company traded as low as GBX 440 ($5.42) and last traded at GBX 447.50 ($5.52). Approximately 2,668 shares traded hands 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).

Literacy Capital Stock Down 0.2 %

The company has a 50 day simple moving average of GBX 463.96 and a two-hundred day simple moving average of GBX 485.44. The firm has a market capitalization of £264.15 million, a P/E ratio of 1,291.18 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.

About Literacy Capital

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.