Burford Capital (LON:BUR) Stock Price Crosses Below 200-Day Moving Average – Here’s Why

Burford Capital Limited (LON:BUR)’s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1,064 ($13.80) and traded as low as GBX 996 ($12.92). Burford Capital shares last traded at GBX 1,021.74 ($13.25), with a volume of 182,277 shares changing hands.

Burford Capital Price Performance

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 company’s 50 day moving average price is GBX 1,122.20 and its 200-day moving average price is GBX 1,063.93. The company has a market cap of £2.87 billion, a price-to-earnings ratio of 18.68, a PEG ratio of 1.09 and a beta of 0.94.

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.