Burford Capital (LON:BUR) Shares Cross Above 200 Day Moving Average – What’s Next?

Burford Capital Limited (LON:BUR)’s stock 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 trading hands.

Burford Capital Trading 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 company has a market capitalization of £2.95 billion, a P/E ratio of 19.18, a PEG ratio of 1.09 and a beta of 0.94. The business’s 50-day moving average price is GBX 1,123.90 and its two-hundred day moving average price is GBX 1,066.15.

Burford Capital Announces Dividend

The company also recently declared a dividend, which will be paid on Friday, June 13th. Shareholders of record on Thursday, May 22nd will be given a dividend of $0.06 per share. This represents a yield of 0.45%. The ex-dividend date is Thursday, May 22nd. Burford Capital’s dividend payout ratio (DPR) is currently 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.