Burford Capital (LON:BUR) Stock Passes Above 200-Day Moving Average - Here's What Happened

Burford Capital Limited (LON:BUR - Get Free Report) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred 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 quick ratio of 8.01 and a current ratio of 15.07. The business's 50 day moving average is GBX 1,124.88 and its 200-day moving average is GBX 1,066.54. The stock has a market cap of £2.95 billion, a price-to-earnings ratio of 19.18, a PEG ratio of 1.09 and a beta of 0.94.

Burford Capital Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, June 13th. Investors 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 dividend payout ratio is presently 17.89%.

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.