Burford Capital (LON:BUR) Shares Pass Above Two Hundred Day Moving Average – Here’s What Happened

Burford Capital Limited (LON:BUR)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,065.65 ($13.76) and traded as high as GBX 1,074 ($13.87). Burford Capital shares last traded at GBX 1,071 ($13.83), with a volume of 52,632 shares changing hands.

Burford Capital Stock Down 1.7 %

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 has a 50 day moving average of GBX 1,123.90 and a 200 day moving average of GBX 1,066.15. The firm has a market capitalization of £2.95 billion, a price-to-earnings ratio of 19.18, a price-to-earnings-growth ratio of 1.09 and a beta of 0.94.

Burford Capital Announces Dividend

The firm also recently declared a dividend, which will be paid on Friday, June 13th. Investors of record on Thursday, May 22nd will be issued a dividend of $0.06 per share. The ex-dividend date of this dividend is Thursday, May 22nd. This represents a yield of 0.45%. Burford Capital’s dividend payout ratio is 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.