Pacific Health Care Organization (OTCMKTS:PFHO) Stock Passes Below 200-Day Moving Average – What’s Next?

Shares of Pacific Health Care Organization Inc. (OTCMKTS:PFHO) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $1.15 and traded as low as $0.8018. Pacific Health Care Organization shares last traded at $0.83, with a volume of 58,859 shares traded.

Pacific Health Care Organization Stock Down 2.4%

The stock has a market cap of $10.62 million, a PE ratio of 7.55 and a beta of 0.15. The firm has a fifty day moving average of $0.96 and a 200 day moving average of $1.15.

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

Pacific Health Care Organization Company Profile

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.