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

Burnham Holdings Inc. (OTCMKTS:BURCA)’s stock price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $25.42 and traded as low as $23.8020. Burnham shares last traded at $23.8020, with a volume of 672 shares trading hands.

Burnham Stock Performance

The company has a fifty day simple moving average of $25.47 and a 200-day simple moving average of $25.41. The company has a current ratio of 2.19, a quick ratio of 1.04 and a debt-to-equity ratio of 0.16. The stock has a market cap of $81.88 million, a price-to-earnings ratio of -5.20 and a beta of 0.15.

Burnham (OTCMKTS:BURCA) last posted its quarterly earnings data on Monday, April 27th. The industrial products company reported $0.72 EPS for the quarter. Burnham had a negative net margin of 7.96% and a positive return on equity of 11.89%. 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.