Buhler Industries (TSE:BUI) Stock Price Crosses Below Fifty Day Moving Average – Here’s What Happened

Buhler Industries Inc. (TSE:BUI)’s share price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$2.42 and traded as low as C$2.40. Buhler Industries shares last traded at C$2.40, with a volume of 23,800 shares changing hands.

Buhler Industries Stock Down 2.0 %

The company has a debt-to-equity ratio of 81.68, a quick ratio of 0.27 and a current ratio of 3.18. The firm’s 50-day simple moving average is C$2.42 and its 200-day simple moving average is C$2.23. The company has a market capitalization of C$60 million, a price-to-earnings ratio of -7.27 and a beta of 0.19.

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

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.