Burnham (OTCMKTS:BURCA) Shares Pass Above Two Hundred Day Moving Average – Should You Sell?

Burnham Holdings, Inc. (OTCMKTS:BURCA) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-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 Performance

The stock has a 50-day simple moving average of $15.29 and a 200 day simple moving average of $14.35. The company has a debt-to-equity ratio of 0.47, a current ratio of 3,193.81 and a quick ratio of 3,191.78. The company has a market capitalization of $58.96 million, a PE ratio of 9.12 and a beta of 0.30.

Burnham (OTCMKTS:BURCA) last issued its quarterly earnings data on Thursday, February 20th. The industrial products company reported $2.05 earnings per share (EPS) 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 for the quarter.

Burnham Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 20th will be given a $0.23 dividend. The ex-dividend date is Thursday, March 20th. This represents a $0.92 annualized dividend and a dividend yield of 5.23%. Burnham’s dividend 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.