EACO (OTCMKTS:EACO) Share Price Passes Below Two Hundred Day Moving Average – Should You Sell?

Shares of EACO Corp. (OTCMKTS:EACO) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $80.02 and traded as low as $78.24. EACO shares last traded at $78.24, with a volume of 304 shares traded.

EACO Stock Down 14.9%

The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.73 and a current ratio of 3.37. The company has a market cap of $380.25 million, a price-to-earnings ratio of 11.05 and a beta of 0.06. The business’s 50 day simple moving average is $85.84 and its 200-day simple moving average is $80.02.

EACO (OTCMKTS:EACO) last issued its earnings results on Thursday, January 8th. The financial services provider reported $1.90 EPS for the quarter. The firm had revenue of $110.95 million for the quarter. EACO had a return on equity of 22.97% and a net margin of 7.80%.

EACO Company Profile

EACO Corporation, through its subsidiary, Bisco Industries, Inc, distributes and sells electronic components and fasteners in the United States, Asia, Canada, and internationally. It offers electronic components, such as spacers and standoffs, card guides and ejectors, component holders and fuses, circuit board connectors, and cable components, as well as various fasteners and hardware products. The company also provides customized services and solutions for various production needs, including special packaging, bin stocking, kitting and assembly, bar coding, electronic requisitioning, integrated supply programs, and others.