EACO (OTCMKTS:EACO) Stock Crosses Below Two Hundred Day Moving Average – Time to Sell?

EACO Corp. (OTCMKTS:EACO)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $80.02 and traded as low as $78.24. EACO shares last traded at $78.24, with a volume of 304 shares.

EACO Stock Performance

The company’s 50-day moving average price is $85.84 and its two-hundred day moving average price is $80.02. The company has a market cap of $380.25 million, a P/E ratio of 11.05 and a beta of 0.06. The company has a current ratio of 3.37, a quick ratio of 1.73 and a debt-to-equity ratio of 0.02.

EACO (OTCMKTS:EACO) last posted its quarterly earnings results on Thursday, January 8th. The financial services provider reported $1.90 earnings per share (EPS) for the quarter. The firm had revenue of $110.95 million for the quarter. EACO had a net margin of 7.80% and a return on equity of 22.97%.

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.