Burford Capital (LON:BUR) Shares Pass Below 200-Day Moving Average – Time to Sell?

Burford Capital Limited (LON:BUR) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 733.38 and traded as low as GBX 566.50. Burford Capital shares last traded at GBX 584, with a volume of 154,965 shares.

Burford Capital Price Performance

The stock has a market cap of £1.28 billion, a PE ratio of 20.86, a price-to-earnings-growth ratio of 1.09 and a beta of 1.02. The company has a quick ratio of 8.01, a current ratio of 1.57 and a debt-to-equity ratio of 87.46. The company’s fifty day moving average is GBX 668.48 and its 200 day moving average is GBX 733.38.

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 works with companies and law firms around the world from its global network of offices.