EACO (OTCMKTS:EACO) Shares Cross Above 50-Day Moving Average – Should You Sell?

EACO Corp. (OTCMKTS:EACO)’s stock price passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $78.95 and traded as high as $79.90. EACO shares last traded at $79.90, with a volume of 304 shares changing hands.

EACO Stock Up 2.9%

The company has a market cap of $388.31 million, a price-to-earnings ratio of 12.12 and a beta of 0.08. The company has a current ratio of 2.82, a quick ratio of 1.55 and a debt-to-equity ratio of 0.03. The firm’s fifty day moving average price is $78.95 and its 200-day moving average price is $72.37.

EACO (OTCMKTS:EACO) last issued its quarterly earnings data on Thursday, October 30th. The financial services provider reported $1.86 EPS for the quarter. EACO had a return on equity of 22.66% and a net margin of 7.55%.The business had revenue of $122.47 million for the quarter.

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.