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

Burnham Holdings Inc. (OTCMKTS:BURCAGet Free Report)’s stock price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $24.81 and traded as low as $23.86. Burnham shares last traded at $23.86, with a volume of 397 shares trading hands.

Burnham Stock Down 0.6%

The firm has a 50 day simple moving average of $25.03 and a two-hundred day simple moving average of $24.81. The stock has a market capitalization of $81.12 million, a P/E ratio of 6.45 and a beta of 0.19. The company has a quick ratio of 1.07, a current ratio of 2.78 and a debt-to-equity ratio of 0.12.

About Burnham

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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.

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