Burnham (OTCMKTS:BURCA) Stock Price Breaks Above 200 Day Moving Average – Should You Sell?

Burnham Holdings Inc. (OTCMKTS:BURCA)’s share price passed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $24.68 and traded as high as $25.00. Burnham shares last traded at $25.00, with a volume of 1,219 shares traded.

Burnham Stock Down 1.0%

The company has a quick ratio of 0.94, a current ratio of 2.39 and a debt-to-equity ratio of 0.17. The company has a 50-day simple moving average of $23.28 and a two-hundred day simple moving average of $24.69. The stock has a market cap of $86.13 million, a P/E ratio of -4.83 and a beta of 0.14.

Burnham (OTCMKTS:BURCA) last released its quarterly earnings data on Thursday, October 22nd. The industrial products company reported $0.44 earnings per share for the quarter. Burnham had a positive return on equity of 14.83% and a negative net margin of 8.29%. The firm had revenue of $74.58 million during the quarter.

Burnham Company Profile

Burnham Holdings, Inc is a heating equipment company that historically operated through subsidiaries serving the residential, commercial and industrial markets. Its primary business has centered on the design and manufacture of boilers and related hydronic heating products.

The company’s product offerings have included cast-iron and steel boilers, gas- and oil-fired heating equipment, commercial and industrial boiler systems, and replacement heating products. Its brands and operating companies have included Burnham Commercial, U.S.