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Burnham (OTCMKTS:BURCA) Stock Passes Above Two Hundred Day Moving Average - Should You Sell?

Burnham logo with Industrials background
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Key Points

  • Technical breakout: Burnham (OTCMKTS:BURCA) traded as high as $26.01 on Thursday, crossing above its 200‑day moving average of $25.40 (volume 634 shares) and sits near its 50‑day average of $26.00.
  • Mixed fundamentals: The company has a small market cap (~$88.7M) and a negative P/E (-5.68) despite reporting $0.72 EPS last quarter; liquidity is reasonable (quick ratio 1.01, current ratio 1.87) and leverage low (debt/equity 0.11), but net margin was negative at 7.96%.
  • MarketBeat previews the top five stocks to own by June 1st.

Burnham Holdings Inc. (OTCMKTS:BURCA - Get Free Report)'s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $25.40 and traded as high as $26.01. Burnham shares last traded at $26.01, with a volume of 634 shares changing hands.

Burnham Price Performance

The company has a 50 day moving average price of $26.00 and a 200-day moving average price of $25.40. The company has a quick ratio of 1.01, a current ratio of 1.87 and a debt-to-equity ratio of 0.11. The company has a market cap of $88.69 million, a price-to-earnings ratio of -5.68 and a beta of 0.16.

Burnham (OTCMKTS:BURCA - Get Free Report) last released its quarterly earnings data on Monday, April 27th. The industrial products company reported $0.72 earnings per share (EPS) for the quarter. Burnham had a positive return on equity of 11.68% and a negative net margin of 7.96%.The company had revenue of $66.18 million during the quarter.

Burnham Company Profile

(Get Free Report)

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.

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