Butler National (OTCMKTS:BUKS) Shares Cross Above 50-Day Moving Average – Time to Sell?

Butler National (OTCMKTS:BUKS) 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 trading hands.

Butler National Stock Down 0.8%

The firm has a market capitalization of $378.59 million, a PE ratio of 13.91 and a beta of 0.20. The company has a fifty day simple moving average of $4.42 and a two-hundred day simple moving average of $3.90. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.72 and a current ratio of 2.14.

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

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.