Company’s 36-month beta value is 1.37.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for BUR is 187.77M, and currently, short sellers hold a 0.81% ratio of that floaft. The average trading volume of BUR on May 10, 2024 was 956.60K shares.
BUR) stock’s latest price update
Burford Capital Limited (NYSE: BUR)’s stock price has plunge by -2.49relation to previous closing price of 16.09. Nevertheless, the company has seen a -1.13% plunge in its stock price over the last five trading sessions. PRNewsWire reported 2024-05-08 that NEW YORK, May 8, 2024 /PRNewswire/ — Burford Capital Limited (“Burford”), the leading global finance and asset management firm focused on law, today announces that it will release its financial results for the three months ended March 31, 2024 (“1Q24”) on Monday, May 13, 2024, at 7.00am EDT / 12.00pm BST. Burford will hold a conference call for investors and analysts at 8.00am EDT / 1.00pm BST on Monday, May 13, 2024.
BUR’s Market Performance
Burford Capital Limited (BUR) has experienced a -1.13% fall in stock performance for the past week, with a -4.45% drop in the past month, and a 9.26% rise in the past quarter. The volatility ratio for the week is 2.19%, and the volatility levels for the past 30 days are at 2.90% for BUR. The simple moving average for the past 20 days is 1.78% for BUR’s stock, with a 9.82% simple moving average for the past 200 days.
Analysts’ Opinion of BUR
B. Riley Securities, on the other hand, stated in their research note that they expect to see BUR reach a price target of $15. The rating they have provided for BUR stocks is “Buy” according to the report published on May 13th, 2022.
Wedbush gave a rating of “Outperform” to BUR, setting the target price at $15 in the report published on June 04th of the previous year.
BUR Trading at 3.34% from the 50-Day Moving Average
After a stumble in the market that brought BUR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -11.36% of loss for the given period.
Volatility was left at 2.90%, however, over the last 30 days, the volatility rate increased by 2.19%, as shares sank -4.04% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.81% upper at present.
During the last 5 trading sessions, BUR fell by -1.13%, which changed the moving average for the period of 200-days by +20.60% in comparison to the 20-day moving average, which settled at $15.38. In addition, Burford Capital Limited saw 0.58% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for BUR
Current profitability levels for the company are sitting at:
- 0.7 for the present operating margin
- 0.86 for the gross margin
The net margin for Burford Capital Limited stands at 0.63. The total capital return value is set at 0.12.
Based on Burford Capital Limited (BUR), the company’s capital structure generated 0.4 points at debt to capital in total, while cash flow to debt ratio is standing at -0.18. The debt to equity ratio resting at 0.67. The interest coverage ratio of the stock is 7.25.
Currently, EBITDA for the company is 725.05 million with net debt to EBITDA at 1.95. When we switch over and look at the enterprise to sales, we see a ratio of 4.88. The receivables turnover for the company is 3.41for trailing twelve months and the total asset turnover is 0.17.
Conclusion
In a nutshell, Burford Capital Limited (BUR) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
