Burnham (OTCMKTS:BURCA) Stock Passes Below 200 Day Moving Average – Here’s What Happened

Shares of 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 $25.35 and traded as low as $23.00. Burnham shares last traded at $23.00, with a volume of 1,057 shares trading hands.

Burnham Trading Up 1.0%

The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.04 and a current ratio of 2.19. The business has a fifty day simple moving average of $25.05 and a 200 day simple moving average of $25.34. The stock has a market cap of $83.42 million, a price-to-earnings ratio of -5.29 and a beta of 0.15.

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

About Burnham

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.