Burnham (OTCMKTS:BURCA) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Shares of Burnham Holdings Inc. (OTCMKTS:BURCA) passed above its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $24.69 and traded as high as $25.25. Burnham shares last traded at $25.25, with a volume of 715 shares traded.

Burnham Price Performance

The firm has a market cap of $87.82 million, a PE ratio of -4.93 and a beta of 0.16. The firm has a 50-day simple moving average of $23.48 and a 200 day simple moving average of $24.69. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.39 and a quick ratio of 0.94.

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