Burford Capital (LON:BUR) Share Price Passes Above 200 Day Moving Average of $1,145.94

Shares of Burford Capital Limited (LON:BUR) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 1,145.94 ($14.39) and traded as high as GBX 1,261 ($15.84). Burford Capital shares last traded at GBX 1,256 ($15.78), with a volume of 62,717 shares trading hands.

Burford Capital Stock Performance

The stock has a market cap of £2.76 billion, a price-to-earnings ratio of 574.89, a P/E/G ratio of 1.09 and a beta of 1.03. The company’s fifty day simple moving average is GBX 1,203.58 and its two-hundred day simple moving average is GBX 1,147.36. The company has a debt-to-equity ratio of 48.34, a current ratio of 4.41 and a quick ratio of 8.01.

Burford Capital Dividend Announcement

The business also recently declared a dividend, which will be paid on Friday, June 14th. Shareholders of record on Thursday, May 23rd will be paid a dividend of $0.06 per share. The ex-dividend date is Thursday, May 23rd. This represents a yield of 0.44%. Burford Capital’s dividend payout ratio (DPR) is currently 456.62%.

Burford Capital Company Profile

Burford Capital Limited provides legal finance products and services worldwide. The company operates through two segments, Capital Provision, and Asset Management and Other Provision. The Capital Provision segment provides capital to the legal industry or in connection with legal matters directly and through investment in private funds; legal risk management services; lower risk legal finance business focusing on pre-settlement litigation matters with lower risk and lower expected returns; post-settlement finance; and complex strategies in which it acts as a principal and acquires assets that are mispriced.