Burnham (OTCMKTS:BURCA) Shares Cross Below Two Hundred Day Moving Average of $12.90

Burnham Holdings, Inc. (OTCMKTS:BURCA)’s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $12.90 and traded as low as $12.85. Burnham shares last traded at $13.01, with a volume of 37,663 shares changing hands.

Burnham Stock Up 1.2 %

The firm has a market cap of $43.57 million, a PE ratio of 6.51 and a beta of 0.33. The company has a quick ratio of 0.92, a current ratio of 2.92 and a debt-to-equity ratio of 0.31. The firm’s 50 day moving average is $12.79 and its 200-day moving average is $12.90.

Burnham (OTCMKTS:BURCA) last issued its quarterly earnings results on Thursday, July 25th. The industrial products company reported $0.18 earnings per share for the quarter. The company had revenue of $55.39 million for the quarter. Burnham had a return on equity of 9.37% and a net margin of 3.67%.

Burnham Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 26th. Shareholders of record on Thursday, September 19th will be paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 7.07%. The ex-dividend date of this dividend is Thursday, September 19th. Burnham’s payout ratio is 46.00%.

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.