Burnham (OTCMKTS:BURCA) Shares Cross Below 200 Day Moving Average – Time to Sell?

Burnham Holdings Inc. (OTCMKTS:BURCA) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $25.42 and traded as low as $23.8020. Burnham shares last traded at $23.8020, with a volume of 672 shares traded.

Burnham Stock Up 2.8%

The firm’s 50 day simple moving average is $25.52 and its 200 day simple moving average is $25.42. The company has a market cap of $81.88 million, a price-to-earnings ratio of -5.20 and a beta of 0.14. The company has a quick ratio of 1.04, a current ratio of 2.19 and a debt-to-equity ratio of 0.16.

Burnham (OTCMKTS:BURCA) last posted its earnings results on Monday, April 27th. The industrial products company reported $0.72 EPS for the quarter. The firm had revenue of $66.18 million for the quarter. Burnham had a positive return on equity of 11.89% and a negative net margin of 7.96%.

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.