Pacific Health Care Organization (OTCMKTS:PFHO) Stock Crosses Above 50-Day Moving Average – Time to Sell?

Pacific Health Care Organization Inc. (OTCMKTS:PFHO)’s share price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $1.21 and traded as high as $1.25. Pacific Health Care Organization shares last traded at $1.25, with a volume of 10,000 shares changing hands.

Pacific Health Care Organization Trading Up 4.2%

The company has a market capitalization of $16 million, a PE ratio of 11.36 and a beta of 0.16. The business’s 50-day simple moving average is $1.21 and its 200-day simple moving average is $1.22.

Pacific Health Care Organization (OTCMKTS:PFHO) last posted its quarterly earnings results on Tuesday, March 17th. The company reported $0.02 earnings per share (EPS) for the quarter. Pacific Health Care Organization had a net margin of 20.67% and a return on equity of 10.99%. The company had revenue of $1.58 million during 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.