Burford Capital (LON:BUR) Share Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Burford Capital Limited (LON:BUR) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,068.67 ($13.84) and traded as high as GBX 1,103 ($14.28). Burford Capital shares last traded at GBX 1,062 ($13.75), with a volume of 2,615,940 shares trading hands.

Burford Capital Stock Performance

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 firm’s 50 day moving average is GBX 1,126.88 and its 200-day moving average is GBX 1,068.67. The company has a market cap of £2.92 billion, a PE ratio of 19.00, a PEG ratio of 1.09 and a beta of 0.94.

Burford Capital Announces Dividend

The business 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. This represents a yield of 0.45%. The ex-dividend date of this dividend is Thursday, May 22nd. Burford Capital’s payout ratio is currently 17.89%.

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 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.