Burford Capital (LON:BUR) Stock Price Down 10.9% - Time to Sell?

Burford Capital Limited (LON:BUR - Get Free Report) was down 10.9% on Monday . The company traded as low as GBX 1,023 ($13.00) and last traded at GBX 1,101 ($13.99). Approximately 184,063 shares changed hands during mid-day trading, an increase of 15% from the average daily volume of 159,444 shares. The stock had previously closed at GBX 1,235 ($15.69).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reiterated a "buy" rating and set a GBX 1,600 ($20.33) price objective on shares of Burford Capital in a research note on Friday, November 8th.

Burford Capital Price Performance

The company has a current ratio of 15.07, a quick ratio of 8.01 and a debt-to-equity ratio of 77.74. The stock has a market cap of £3.15 billion, a PE ratio of 20.45, a P/E/G ratio of 1.09 and a beta of 0.94. The company's 50 day moving average is GBX 1,118.36 and its 200-day moving average is GBX 1,062.22.

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.