Burnham (OTCMKTS:BURCA) Stock Price Crosses Above Fifty Day Moving Average – Time to Sell?

Burnham Holdings Inc. (OTCMKTS:BURCA)’s share price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $25.91 and traded as high as $26.00. Burnham shares last traded at $26.00, with a volume of 2,777 shares changing hands.

Burnham Stock Performance

The firm’s fifty day moving average price is $25.91 and its 200-day moving average price is $25.33. 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 firm has a market cap of $88.66 million, a price-to-earnings ratio of -5.68 and a beta of 0.18.

Burnham (OTCMKTS:BURCA) last issued its earnings results on Thursday, February 19th. The industrial products company reported $1.62 earnings per share (EPS) for the quarter. Burnham had a negative net margin of 8.03% and a positive return on equity of 11.59%. The business had revenue of $91.07 million during 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.