Burnham (OTCMKTS:BURCA) Stock Price Passes Above Two Hundred Day Moving Average – Time to Sell?

Burnham Holdings, Inc. (OTCMKTS:BURCA) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $14.35 and traded as high as $17.61. Burnham shares last traded at $17.60, with a volume of 19,295 shares.

Burnham Stock Up 6.0 %

The firm has a market capitalization of $62.63 million, a price-to-earnings ratio of 9.66 and a beta of 0.30. The business’s fifty day moving average price is $15.36 and its 200 day moving average price is $14.37. The company has a current ratio of 3,193.81, a quick ratio of 3,191.78 and a debt-to-equity ratio of 0.47.

Burnham (OTCMKTS:BURCA) last announced its earnings results on Thursday, February 20th. The industrial products company reported $2.05 EPS for the quarter. The business had revenue of $94.10 million during the quarter. Burnham had a net margin of 3.51% and a return on equity of 8.84%.

Burnham Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 20th will be issued a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 4.93%. The ex-dividend date is Thursday, March 20th. Burnham’s payout ratio is currently 36.22%.

Burnham Company Profile

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.