Burford Capital (LON:BUR) Stock Price Crosses Above Two Hundred Day Moving Average of $1,145.94

Burford Capital Limited (LON:BUR) passed 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 traded.

Burford Capital Stock Up 0.2 %

The company’s fifty day simple moving average is GBX 1,203.58 and its 200 day simple moving average is GBX 1,147.36. The firm has a market capitalization of £2.76 billion, a P/E ratio of 574.89, a price-to-earnings-growth ratio of 1.09 and a beta of 1.03. The company has a current ratio of 4.41, a quick ratio of 8.01 and a debt-to-equity ratio of 48.34.

Burford Capital Dividend Announcement

The firm also recently announced a dividend, which will be paid on Friday, June 14th. Stockholders of record on Thursday, May 23rd will be given a $0.06 dividend. This represents a dividend yield of 0.44%. The ex-dividend date is Thursday, May 23rd. Burford Capital’s dividend payout ratio is presently 456.62%.

About Burford Capital

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.