EACO Corp. (OTCMKTS:EACO) Sees Significant Decrease in Short Interest

EACO Corp. (OTCMKTS:EACO) was the target of a significant decline in short interest in June. As of June 15th, there was short interest totaling 1 shares, a decline of 66.7% from the May 31st total of 3 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 116 shares, the days-to-cover ratio is currently 0.0 days.

EACO Stock Performance

EACO stock opened at $85.23 on Friday. EACO has a one year low of $42.00 and a one year high of $110.00. The company has a market cap of $414.22 million, a price-to-earnings ratio of 11.07 and a beta of 0.30. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.54 and a quick ratio of 1.86. The firm has a 50-day moving average of $98.78 and a 200-day moving average of $89.95.

EACO (OTCMKTS:EACO) last posted its quarterly earnings results on Thursday, April 2nd. The financial services provider reported $2.00 earnings per share for the quarter. The firm had revenue of $117.84 million during the quarter. EACO had a return on equity of 23.50% and a net margin of 8.16%.

About EACO

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.