IEH (OTCMKTS:IEHC) Upgraded to “Hold” at Zacks Research

IEH (OTCMKTS:IEHC) was upgraded by equities researchers at Zacks Research to a “hold” rating in a report released on Wednesday, Zacks reports.

IEH Stock Performance

Shares of IEHC stock opened at $28.85 on Wednesday. IEH has a 52 week low of $8.10 and a 52 week high of $33.88. The company has a market capitalization of $71.55 million, a price-to-earnings ratio of -2,885.00 and a beta of -0.04. The company has a 50-day simple moving average of $27.78 and a 200 day simple moving average of $22.36. The company has a debt-to-equity ratio of 0.01, a quick ratio of 6.09 and a current ratio of 9.17.

IEH (OTCMKTS:IEHC) last issued its quarterly earnings data on Friday, August 7th. The company reported $0.25 earnings per share (EPS) for the quarter. IEH had a net margin of 0.04% and a return on equity of 0.06%. The firm had revenue of $10.02 million during the quarter. On average, sell-side analysts predict that IEH will post 0.47 earnings per share for the current year.

About IEH

IEH Corporation (OTCMKTS:IEHC) is a U.S.-based manufacturer of high-reliability electronic interconnect products and assemblies. The company develops and produces custom interconnect solutions used to connect electrical and electronic systems in demanding operating environments.

Its products and services are intended for applications that require durability, precision and dependable performance, including aerospace, defense, space, medical and other industrial markets. IEH works with customers on specialized designs and manufacturing requirements rather than focusing solely on standardized, mass-market components.

The company is headquartered in New York and serves customers through its U.S.-based manufacturing and engineering operations.