Burnham (OTCMKTS:BURCA) Stock Price Crosses Above Fifty Day Moving Average of $14.21

Burnham Holdings Inc (OTCMKTS:BURCA)’s share price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $14.21 and traded as high as $14.50. Burnham shares last traded at $14.50, with a volume of 200 shares changing hands.

Separately, ValuEngine upgraded Burnham from a “sell” rating to a “hold” rating in a report on Monday, October 21st.

The firm has a market cap of $45.39 million, a P/E ratio of 7.87 and a beta of 0.17. The company’s 50 day simple moving average is $14.21 and its 200-day simple moving average is $14.38.

Burnham (OTCMKTS:BURCA) last announced its quarterly earnings results on Wednesday, October 16th. The industrial products company reported $0.18 earnings per share (EPS) for the quarter. Burnham had a net margin of 0.64% and a return on equity of 10.29%. The firm had revenue of $52.10 million for the quarter.

Burnham Company Profile (OTCMKTS:BURCA)

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, aluminum, and steel boilers; cast iron and steel heat distribution products; and warm air furnaces and central air conditioning systems for the residential heating and cooling markets.

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