Burford Capital (LON:BUR) Stock Crosses Below 200 Day Moving Average - Here's What Happened

Key Points

• Shares of Burford Capital crossed below their 200-day moving average during trading, reaching a low of GBX 921.50 ($12.39).
• The company's market capitalization is approximately £2.02 billion, with a current ratio of 15.07 and a debt-to-equity ratio of 77.74.
• Burford Capital operates globally in litigation finance and risk management, providing financial and advisory services to companies and law firms.

Shares of Burford Capital Limited (LON:BUR - ) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 991.35 ($13.33) and traded as low as GBX 921.50 ($12.39). Burford Capital shares last traded at GBX 922 ($12.40), with a volume of 47,532 shares.

Burford Capital Stock Down 0.1%

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 capitalization of £2.02 billion, a P/E ratio of 16.48, a P/E/G ratio of 1.09 and a beta of 0.94. The company has a 50 day simple moving average of GBX 988.88 and a two-hundred day simple moving average of GBX 991.35.

About Burford Capital

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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