ValuEngine Upgrades Burnham (OTCMKTS:BURCA) to “Hold”

Burnham (OTCMKTS:BURCA) was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating in a research note issued on Monday, ValuEngine reports.

OTCMKTS:BURCA traded down $0.35 during midday trading on Monday, hitting $13.80. 400 shares of the company were exchanged, compared to its average volume of 1,398. The company has a fifty day simple moving average of $14.05 and a 200 day simple moving average of $14.45. Burnham has a fifty-two week low of $13.53 and a fifty-two week high of $15.60. The company has a market capitalization of $44.33 million, a PE ratio of 7.92 and a beta of 0.18.

Burnham (OTCMKTS:BURCA) last posted its quarterly earnings data on Wednesday, October 16th. The industrial products company reported $0.18 EPS for the quarter. The company had revenue of $52.10 million for the quarter. Burnham had a net margin of 0.64% and a return on equity of 10.29%.

Burnham Company Profile

Burnham Holdings, Inc designs, manufactures, and sells boilers and related heating, ventilation, and air conditioning products and accessories for residential, commercial, and industrial applications in the United States and internationally. Its residential hydronic heating products include cast iron, stainless steel, aluminum, and steel boilers; cast iron and steel heat distribution products; and warm air furnaces and central air conditioning systems for the residential heating and cooling markets.

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