Burnham (OTCMKTS:BURCA) Shares Pass Above Fifty Day Moving Average – What’s Next?

Burnham Holdings Inc. (OTCMKTS:BURCA) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $25.67 and traded as high as $26.00. Burnham shares last traded at $26.00, with a volume of 1,005 shares changing hands.

Burnham Trading Up 3.0%

The firm has a market capitalization of $88.58 million, a P/E ratio of -5.68 and a beta of 0.16. The company has a current ratio of 1.87, a quick ratio of 1.01 and a debt-to-equity ratio of 0.11. The stock has a 50-day simple moving average of $25.67 and a two-hundred day simple moving average of $25.44.

Burnham (OTCMKTS:BURCA) last released its quarterly 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 during the quarter. Burnham had a positive return on equity of 11.68% 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.