Burford Capital Limited (LON:BUR - Get Free Report)'s stock price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 1,064.83 ($14.33) and traded as low as GBX 953.21 ($12.83). Burford Capital shares last traded at GBX 969.37 ($13.05), with a volume of 411,516 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank reaffirmed a "buy" rating and issued a GBX 1,600 ($21.53) price objective on shares of Burford Capital in a research note on Thursday, May 8th.
View Our Latest Report on BUR
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 stock has a market capitalization of £2.62 billion, a P/E ratio of 17.02, a price-to-earnings-growth ratio of 1.09 and a beta of 0.94. The stock has a 50 day moving average of GBX 1,010.21 and a 200-day moving average of GBX 1,062.97.
Burford Capital Dividend Announcement
The firm also recently declared a dividend, which will be paid on Friday, June 13th. Investors of record on Thursday, May 22nd will be paid a dividend of $0.06 per share. This represents a dividend yield of 0.45%. The ex-dividend date is Thursday, May 22nd. Burford Capital's dividend payout ratio is currently 17.89%.
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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