Buhler Industries (TSE:BUI) Stock Price Passes Above Fifty Day Moving Average – Time to Sell?

Shares of Buhler Industries Inc. (TSE:BUI) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$2.42 and traded as high as C$2.46. Buhler Industries shares last traded at C$2.46, with a volume of 141 shares.

Buhler Industries Price Performance

The company has a current ratio of 3.18, a quick ratio of 0.27 and a debt-to-equity ratio of 81.68. The stock has a market capitalization of C$61.50 million, a P/E ratio of -7.45 and a beta of 0.19. The stock has a 50 day moving average of C$2.42 and a 200-day moving average of C$2.23.

Buhler Industries (TSE:BUI) last issued its quarterly earnings results on Wednesday, August 14th. The company reported C$0.29 earnings per share (EPS) for the quarter. Buhler Industries had a negative return on equity of 7.63% and a negative net margin of 3.03%. The firm had revenue of C$78.34 million during the quarter.

Buhler Industries Company Profile

Buhler Industries Inc, through its subsidiaries, manufactures and sells agricultural equipment in North America. Its principal products include tractors, bale carriers, grain augers, snow blowers, tillers, finishing mowers, feed processing equipment, tillage equipment, and hay and forage equipment. The company markets its products primarily under the Allied, Farm King, and Versatile brand names through a dealer/distribution network.