Burford Capital (LON:BUR) Reaches New 12-Month Low - What's Next?

Key Points

• Burford Capital reached a new 52-week low of GBX 797.70 ($10.72) during mid-day trading, a drop from its previous close of GBX 820.50 ($11.03).
• The company's debt-to-equity ratio stands at 77.74, indicating a relatively high level of debt compared to equity.
• Burford Capital is a leading global finance and asset management firm focused on law, involved in litigation finance, risk management, and legal advisory services.

Burford Capital Limited (LON:BUR - ) reached a new 52-week low during mid-day trading on Friday . The stock traded as low as GBX 797.70 ($10.72) and last traded at GBX 797.70 ($10.72), with a volume of 143741 shares traded. The stock had previously closed at GBX 820.50 ($11.03).

Burford Capital Price Performance

The company has a current ratio of 15.07, a quick ratio of 8.01 and a debt-to-equity ratio of 77.74. The firm has a market cap of £1.74 billion, a price-to-earnings ratio of 14.20, a price-to-earnings-growth ratio of 1.09 and a beta of 0.94. The company's 50-day moving average is GBX 947.09 and its 200-day moving average is GBX 971.09.

Burford Capital Company Profile

Burford Capital is the leading global finance and asset management firm focused on law. Its businesses include litigation finance and risk management, asset recovery and a wide range of legal finance and advisory activities. Burford is publicly traded on the New York Stock Exchange NYSE: BUR and the London Stock Exchange LSE: BUR and works with companies and law firms around the world from its global network of offices.

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