Burford Capital Limited (LON:BUR - Get Free Report) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,037.72 ($14.17) and traded as low as GBX 938.50 ($12.82). Burford Capital shares last traded at GBX 949.50 ($12.97), with a volume of 354,188 shares trading hands.
Wall Street Analyst Weigh In
Separately, Berenberg Bank restated a "buy" rating and issued a GBX 1,600 ($21.85) price objective on shares of Burford Capital in a report on Thursday, May 8th.
Check Out Our Latest Report on Burford Capital
Burford Capital Trading Down 3.7%
The business's 50-day simple moving average is GBX 962.06 and its two-hundred day simple moving average is GBX 1,036.26. 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 company has a market capitalization of £2.70 billion, a PE ratio of 17.57, a PEG ratio of 1.09 and a beta of 0.94.
About Burford Capital
(
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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 it works with companies and law firms around the world from its offices in New York, London, Chicago, Washington, DC, Singapore, Dubai, Sydney and Hong Kong.
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