Pacific Health Care Organization (OTCMKTS:PFHO) Shares Pass Below 200 Day Moving Average – Time to Sell?

Pacific Health Care Organization Inc. (OTCMKTS:PFHO)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $1.13 and traded as low as $0.85. Pacific Health Care Organization shares last traded at $0.85, with a volume of 10,300 shares.

Pacific Health Care Organization Stock Up 3.0%

The firm has a market capitalization of $10.88 million, a PE ratio of 7.73 and a beta of 0.15. The company’s 50-day simple moving average is $0.94 and its 200 day simple moving average is $1.13.

Pacific Health Care Organization (OTCMKTS:PFHO) last issued its quarterly earnings data on Thursday, April 30th. The company reported $0.02 earnings per share (EPS) for the quarter. Pacific Health Care Organization had a net margin of 20.16% and a return on equity of 9.95%. The firm had revenue of $1.50 million for the quarter.

About Pacific Health Care Organization

Pacific Health Care Organization, Inc, together with its subsidiaries, operates as a specialty workers' compensation cost containment company in the United States. It is involved in managing and administering health care organizations (HCOs) and medical provider networks (MPNs). The company also provides claims-related services, including utilization review, medical case management, medical bill review, employee advocate services, workers' compensation carve-outs, expert witness testimony, and Medicare set-aside services.