Free Trial

Burford Capital (LON:BUR) Share Price Passes Below 200-Day Moving Average - Time to Sell?

Burford Capital logo with Financial Services background

Key Points

  • Burford Capital shares have fallen below their 200-day moving average of GBX 1,023.67, hitting a low of GBX 1,007 during trading.
  • Despite the drop, Berenberg Bank has maintained a buy rating for Burford Capital with a target price set at GBX 1,600.
  • The company has a market capitalization of £2.80 billion and notable financial ratios, including a P/E ratio of 18.18 and a debt-to-equity ratio of 77.74.
  • MarketBeat previews top five stocks to own in October.

Burford Capital Limited (LON:BUR - Get Free Report)'s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,023.67 ($13.82) and traded as low as GBX 1,007 ($13.59). Burford Capital shares last traded at GBX 1,016 ($13.71), with a volume of 131,870 shares traded.

Analysts Set New Price Targets

Separately, Berenberg Bank reiterated a "buy" rating and set a GBX 1,600 price target on shares of Burford Capital in a report on Thursday, May 8th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of GBX 1,600.

Get Our Latest Stock Report on Burford Capital

Burford Capital Price Performance

The stock has a market cap of £2.80 billion, a P/E ratio of 18.19, a P/E/G ratio of 1.09 and a beta of 0.94. The company has a debt-to-equity ratio of 77.74, a quick ratio of 8.01 and a current ratio of 15.07. The business has a 50 day simple moving average of GBX 984.44 and a 200-day simple moving average of GBX 1,020.60.

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 works with companies and law firms around the world from its global network of offices.

Featured Stories

Should You Invest $1,000 in Burford Capital Right Now?

Before you consider Burford Capital, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Burford Capital wasn't on the list.

While Burford Capital currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Analysts Agree—These Gold Picks Outshine the Rest Cover

Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.

Get This Free Report
Like this article? Share it with a colleague.