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Buhler Industries (TSE:BUI) Stock Passes Below 50-Day Moving Average - Here's Why

Buhler Industries logo with Industrials background

Buhler Industries Inc. (TSE:BUI - Get Free Report)'s share price passed 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 Trading Down 2.0 %

The stock has a market cap of C$60 million, a P/E ratio of -7.27 and a beta of 0.19. The stock's 50-day moving average is C$2.42 and its two-hundred day moving average is C$2.23. The company has a debt-to-equity ratio of 81.68, a current ratio of 3.18 and a quick ratio of 0.27.

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

Buhler Industries Company Profile

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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.

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