Burford Capital Limited (LON:BUR - Get Free Report)'s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,032.36 ($12.60) and traded as low as GBX 981 ($11.98). Burford Capital shares last traded at GBX 1,022 ($12.48), with a volume of 108,539 shares trading hands.
Analyst Ratings Changes
Separately, Berenberg Bank reaffirmed a "buy" rating and set a GBX 1,600 ($19.53) target price on shares of Burford Capital in a research note on Friday, November 8th.
Check Out Our Latest Analysis on Burford Capital
Burford Capital Stock Up 0.5 %
The firm has a 50-day simple moving average of GBX 1,052.44 and a 200 day simple moving average of GBX 1,032.36. The stock has a market capitalization of £2.25 billion, a P/E ratio of 760.80, a P/E/G ratio of 1.09 and a beta of 0.94. The company has a debt-to-equity ratio of 55.40, a current ratio of 15.07 and a quick ratio of 8.01.
Burford Capital Company Profile
(
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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.
Further Reading
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