Burnham (OTCMKTS:BURCA) Share Price Crosses Below 200 Day Moving Average – Time to Sell?

Burnham Holdings Inc. (OTCMKTS:BURCA) shares passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $25.16 and traded as low as $23.25. Burnham shares last traded at $23.25, with a volume of 1,249 shares trading hands.

Burnham Trading Down 0.6%

The company has a debt-to-equity ratio of 0.16, a current ratio of 2.19 and a quick ratio of 1.04. The firm has a market capitalization of $79.46 million, a PE ratio of -4.43 and a beta of 0.15. The stock’s 50-day moving average price is $23.91 and its 200 day moving average price is $25.15.

Burnham (OTCMKTS:BURCA) last issued its earnings results on Thursday, July 23rd. The industrial products company reported $0.48 earnings per share (EPS) for the quarter. The company had revenue of $56.60 million for the quarter. Burnham had a negative net margin of 8.95% and a positive return on equity of 13.25%.

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.