Burnham (OTCMKTS:BURCA) Issues Earnings Results

Burnham (OTCMKTS:BURCA) released its earnings results on Thursday. The industrial products company reported $0.44 earnings per share (EPS) for the quarter, Zacks reports. Burnham had a positive return on equity of 13.34% and a negative net margin of 8.95%.

Burnham Stock Performance

Shares of BURCA stock traded up $0.75 during trading hours on Thursday, reaching $23.50. 1,195 shares of the company’s stock were exchanged, compared to its average volume of 1,552. Burnham has a fifty-two week low of $21.88 and a fifty-two week high of $28.25. The stock has a market capitalization of $81.78 million, a P/E ratio of -4.50 and a beta of 0.14. The business has a fifty day moving average price of $23.18 and a 200-day moving average price of $24.31. The company has a quick ratio of 0.94, a current ratio of 2.39 and a debt-to-equity ratio of 0.17.

About Burnham

Burnham Holdings, Inc is a manufacturer of heating equipment serving residential, commercial and industrial markets. Through its operating businesses, the company produces boilers and related hydronic heating products used in homes, commercial buildings, institutional facilities and industrial applications.

Its product offerings have included cast-iron and steel boilers, gas- and oil-fired heating systems, hot-water and steam equipment, and replacement components and accessories. The company’s brands and subsidiaries have historically included U.S.