Burnham (OTCMKTS:BURCA) Shares Cross Above 200 Day Moving Average – Should You Sell?

Burnham Holdings, Inc. (OTCMKTS:BURCA) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $14.54 and traded as high as $18.00. Burnham shares last traded at $18.00, with a volume of 5,597 shares trading hands.

Burnham Price Performance

The business’s 50-day simple moving average is $15.79 and its two-hundred day simple moving average is $14.54. 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. The firm has a market cap of $60.46 million, a price-to-earnings ratio of 9.33 and a beta of 0.30.

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

Burnham Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 20th were given a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 5.11%. The ex-dividend date of this dividend was Thursday, March 20th. Burnham’s payout ratio is currently 36.22%.

About Burnham

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.