Butler National (OTCMKTS:BUKS) Stock Price Crosses Below 50 Day Moving Average – Here’s Why

Butler National Co. (OTCMKTS:BUKSGet Free Report)’s share price passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $1.59 and traded as low as $1.57. Butler National shares last traded at $1.59, with a volume of 3,704 shares.

Butler National Stock Performance

The firm’s fifty day moving average price is $1.59 and its 200 day moving average price is $1.59. The firm has a market cap of $126.84 million, a P/E ratio of 8.83 and a beta of 0.30. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.32 and a current ratio of 1.83.

Butler National (OTCMKTS:BUKSGet Free Report) last issued its quarterly earnings data on Friday, March 14th. The company reported $0.05 EPS for the quarter. The company had revenue of $21.17 million during the quarter. Butler National had a net margin of 15.32% and a return on equity of 23.09%.

Butler National Company Profile

(Get Free Report)

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.

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