Burford Capital (LON:BUR) Trading Down 40.6% – What’s Next?

Burford Capital Limited (LON:BUR)’s share price was down 40.6% during trading on Saturday . The stock traded as low as GBX 299.80 and last traded at GBX 349.40. Approximately 49,546,305 shares were traded during mid-day trading, an increase of 3,887% from the average daily volume of 1,242,823 shares. The stock had previously closed at GBX 588.

Burford Capital Stock Performance

The company’s 50 day moving average price is GBX 652.45 and its 200-day moving average price is GBX 724.46. The stock has a market cap of £764.83 million, a P/E ratio of 12.48, a price-to-earnings-growth ratio of 1.09 and a beta of 1.02. The company has a debt-to-equity ratio of 87.46, a quick ratio of 8.01 and a current ratio of 1.57.

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.