Butler National (OTCMKTS:BUKS) Stock Crosses Above 50 Day Moving Average – Here’s What Happened

Butler National (OTCMKTS:BUKSGet Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $4.42 and traded as high as $4.89. Butler National shares last traded at $4.73, with a volume of 42,350 shares traded.

Butler National Trading Down 0.8%

The firm has a market capitalization of $378.59 million, a price-to-earnings ratio of 13.91 and a beta of 0.20. The firm’s 50 day moving average is $4.42 and its 200 day moving average is $3.90. The company has a quick ratio of 1.72, a current ratio of 2.14 and a debt-to-equity ratio of 0.30.

Butler National (OTCMKTS:BUKSGet Free Report) last posted its quarterly earnings results on Tuesday, July 7th. The company reported $0.09 earnings per share (EPS) for the quarter. The firm had revenue of $27.68 million for the quarter. Butler National had a net margin of 22.39% and a return on equity of 29.86%.

About Butler National

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Butler National Corporation, together with its subsidiaries, designs, engineers, manufactures, sells, integrates, installs, repairs, modifies, overhauls, services, and distributes a portfolio of aerostructures, aircraft components, avionics, accessories, subassemblies, and systems in North America, Europe, the Middle East, Asia, and internationally. It operates through two segments, Aerospace Products and Professional Services. The Aerospace Products segment provides aircraft modifications to business-size aircraft, which include passenger-to-freighter configuration, radar systems, addition of aerial photography capabilities, search and rescue, environmental research, mapping, intelligence surveillance reconnaissance modifications, and stability enhancing modifications for Learjet, Beechcraft, and Cessna aircraft along with other specialized modifications.

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