Burnham (OTCMKTS:BURCA – Get Free Report) posted its quarterly earnings results on Thursday. The industrial products company reported $0.44 earnings per share (EPS) for the quarter, Zacks reports. Burnham had a negative net margin of 8.95% and a positive return on equity of 13.34%.
Burnham Stock Performance
Shares of OTCMKTS:BURCA traded up $0.75 on Thursday, hitting $23.50. 1,195 shares of the company were exchanged, compared to its average volume of 1,552. The company’s 50 day moving average price is $23.18 and its two-hundred day moving average price is $24.31. The firm has a market capitalization of $81.78 million, a price-to-earnings ratio of -4.50 and a beta of 0.14. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.94 and a current ratio of 2.39. Burnham has a one year low of $21.88 and a one year high of $28.25.
About Burnham
Burnham Holdings, Inc is a manufacturer of heating equipment serving residential, commercial and industrial markets. Through its operating businesses, the company produces boilers and related hydronic heating products used in homes, commercial buildings, institutional facilities and industrial applications.
Its product offerings have included cast-iron and steel boilers, gas- and oil-fired heating systems, hot-water and steam equipment, and replacement components and accessories. The company’s brands and subsidiaries have historically included U.S.
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