Pacific Health Care Organization (OTCMKTS:PFHO) Shares Pass Below Two Hundred Day Moving Average – Here’s Why

Pacific Health Care Organization Inc. (OTCMKTS:PFHO) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $1.11 and traded as low as $0.85. Pacific Health Care Organization shares last traded at $0.85, with a volume of 1,200 shares traded.

Pacific Health Care Organization Price Performance

The company has a market capitalization of $10.88 million, a price-to-earnings ratio of 7.73 and a beta of 0.15. The business’s 50-day moving average price is $0.90 and its two-hundred day moving average price is $1.11.

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