Burnham (OTCMKTS:BURCA) Share Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Burnham Holdings Inc. (OTCMKTS:BURCA) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $24.81 and traded as low as $24.6675. Burnham shares last traded at $24.6865, with a volume of 201 shares traded.

Burnham Stock Performance

The company’s 50-day moving average price is $25.13 and its two-hundred day moving average price is $24.81. The company has a market capitalization of $83.93 million, a price-to-earnings ratio of 6.67 and a beta of 0.19. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.78 and a quick ratio of 1.07.

Burnham (OTCMKTS:BURCA) last issued its quarterly earnings results on Thursday, October 23rd. The industrial products company reported $0.20 EPS for the quarter. Burnham had a net margin of 6.47% and a return on equity of 13.03%. The business had revenue of $58.33 million for the quarter.

Burnham Company Profile

Burnham Holdings, Inc designs, manufactures, and sells boilers and related heating, ventilation, and air conditioning products and accessories for residential, commercial, and industrial applications in the United States and internationally. Its residential hydronic heating products include cast iron, stainless steel, and steel boilers; cast iron and steel heat distribution products; radiators; and warm air furnaces and central air conditioning systems for the residential heating and cooling markets, including units for the manufactured housing industry.