Burford Capital Limited (LON:BUR - Get Free Report)'s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 1,068.92 ($14.23) and traded as high as GBX 1,090 ($14.51). Burford Capital shares last traded at GBX 1,037 ($13.80), with a volume of 411,275 shares changing hands.
Analyst Ratings Changes
Separately, Berenberg Bank reaffirmed a "buy" rating and issued a GBX 1,600 ($21.29) price objective on shares of Burford Capital in a research report on Thursday, May 8th.
Check Out Our Latest Stock Report on Burford Capital
Burford Capital Stock Down 1.4%
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 £2.82 billion, a PE ratio of 18.30, a price-to-earnings-growth ratio of 1.09 and a beta of 0.94. The business's 50-day simple moving average is GBX 1,027.08 and its 200-day simple moving average is GBX 1,068.78.
Burford Capital Announces Dividend
The firm also recently declared a dividend, which will be paid on Friday, June 13th. Shareholders of record on Thursday, May 22nd will be given a dividend of $0.06 per share. This represents a yield of 0.45%. The ex-dividend date of this dividend is Thursday, May 22nd. Burford Capital's dividend payout ratio is presently 17.89%.
Burford Capital Company Profile
(
Get Free Report)
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.
Further Reading
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