Butler National (OTCMKTS:BUKS) Stock Price Crosses Below 50 Day Moving Average – Time to Sell?

Butler National (OTCMKTS:BUKS) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $4.49 and traded as low as $4.21. Butler National shares last traded at $4.30, with a volume of 27,949 shares trading hands.

Butler National Stock Performance

The stock has a market cap of $344.17 million, a P/E ratio of 12.65 and a beta of 0.20. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.14 and a quick ratio of 1.72. The company has a fifty day moving average of $4.49 and a 200 day moving average of $4.04.

Butler National (OTCMKTS:BUKS) last issued its quarterly earnings results on Tuesday, July 7th. The company reported $0.09 earnings per share (EPS) for the quarter. Butler National had a return on equity of 29.86% and a net margin of 22.39%.The firm had revenue of $27.68 million during the quarter.

About Butler National

Butler National Corporation, together with its subsidiaries, designs, engineers, manufactures, sells, integrates, installs, repairs, modifies, overhauls, services, and distributes a portfolio of aerostructures, aircraft components, avionics, accessories, subassemblies, and systems in North America, Europe, the Middle East, Asia, and internationally. It operates through two segments, Aerospace Products and Professional Services. The Aerospace Products segment provides aircraft modifications to business-size aircraft, which include passenger-to-freighter configuration, radar systems, addition of aerial photography capabilities, search and rescue, environmental research, mapping, intelligence surveillance reconnaissance modifications, and stability enhancing modifications for Learjet, Beechcraft, and Cessna aircraft along with other specialized modifications.