Butler National (OTCMKTS:BUKS) Stock Passes Above 200-Day Moving Average – Here’s What Happened

Butler National (OTCMKTS:BUKS) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $2.40 and traded as high as $3.39. Butler National shares last traded at $3.34, with a volume of 15,763 shares trading hands.

Butler National Stock Performance

The firm has a market capitalization of $263.99 million, a PE ratio of 13.20 and a beta of 0.23. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.54 and a current ratio of 1.96. The company’s fifty day moving average price is $3.03 and its two-hundred day moving average price is $2.41.

Butler National (OTCMKTS:BUKS) last released its earnings results on Thursday, December 11th. The company reported $0.09 earnings per share (EPS) for the quarter. The firm had revenue of $23.25 million during the quarter. Butler National had a net margin of 19.02% and a return on equity of 24.93%.

About Butler National

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.