Burford Capital Limited (LON:BUR - Get Free Report)'s share price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 1,029.43 ($13.96) and traded as low as GBX 992.50 ($13.46). Burford Capital shares last traded at GBX 1,026 ($13.91), with a volume of 210,241 shares changing hands.
Analysts Set New Price Targets
Separately, Berenberg Bank restated a "buy" rating and set a GBX 1,600 ($21.70) price objective on shares of Burford Capital in a research report on Thursday, May 8th.
Get Our Latest Stock Report on BUR
Burford Capital Trading Up 0.7%
The stock has a market cap of £2.77 billion, a PE ratio of 18.00, a price-to-earnings-growth ratio of 1.09 and a beta of 0.94. The stock has a 50-day moving average price of GBX 968.08 and a two-hundred day moving average price of GBX 1,025.34. The company has a debt-to-equity ratio of 77.74, a current ratio of 15.07 and a quick ratio of 8.01.
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 works with companies and law firms around the world from its global network of offices.
Further Reading
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