Burford Capital (LON:BUR) Stock Crosses Above Two Hundred Day Moving Average – What’s Next?

Shares of Burford Capital Limited (LON:BUR) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,065.65 ($13.86) and traded as high as GBX 1,074 ($13.97). Burford Capital shares last traded at GBX 1,071 ($13.93), with a volume of 52,632 shares changing hands.

Burford Capital Trading Up 1.1 %

The stock has a market capitalization of £2.95 billion, a P/E ratio of 19.16, a PEG ratio of 1.09 and a beta of 0.94. The company has a debt-to-equity ratio of 77.74, a current ratio of 15.07 and a quick ratio of 8.01. The business’s 50 day simple moving average is GBX 1,122.64 and its 200-day simple moving average is GBX 1,065.65.

Burford Capital Announces Dividend

The company also recently announced a dividend, which will be paid on Friday, June 13th. Shareholders of record on Thursday, May 22nd will be issued a $0.06 dividend. The ex-dividend date of this dividend is Thursday, May 22nd. This represents a yield of 0.45%. Burford Capital’s dividend payout ratio (DPR) is presently 17.89%.

Burford Capital Company Profile

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.