Burnham (OTCMKTS:BURCA) Announces Earnings Results

Burnham (OTCMKTS:BURCA) issued its earnings results on Thursday. The industrial products company reported $1.62 earnings per share (EPS) for the quarter, Zacks reports. Burnham had a return on equity of 13.03% and a net margin of 6.47%.

Burnham Trading Up 2.0%

Shares of OTCMKTS:BURCA traded up $0.50 during midday trading on Thursday, hitting $25.50. 400 shares of the stock were exchanged, compared to its average volume of 947. The business’s 50-day moving average price is $24.82 and its 200 day moving average price is $24.86. Burnham has a 12 month low of $14.00 and a 12 month high of $26.50. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.07 and a current ratio of 2.78. The stock has a market capitalization of $86.70 million, a price-to-earnings ratio of 6.89 and a beta of 0.18.

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.