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

Shares of Burnham Holdings Inc. (OTCMKTS:BURCA) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $25.20 and traded as low as $23.75. Burnham shares last traded at $23.75, with a volume of 115 shares.

Burnham Price Performance

The company has a quick ratio of 1.04, a current ratio of 2.19 and a debt-to-equity ratio of 0.16. The firm’s fifty day moving average price is $24.13 and its two-hundred day moving average price is $25.20. The stock has a market capitalization of $80.32 million, a PE ratio of -4.47 and a beta of 0.15.

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. Burnham had a negative net margin of 8.95% and a positive return on equity of 13.25%. The company had revenue of $56.60 million for 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.