Pacific Health Care Organization (OTCMKTS:PFHO) Share Price Passes Below 200 Day Moving Average – Here’s Why

Pacific Health Care Organization, Inc. (OTCMKTS:PFHO)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.78 and traded as low as $0.71. Pacific Health Care Organization shares last traded at $0.71, with a volume of 700 shares trading hands.

Pacific Health Care Organization Stock Performance

The company has a market capitalization of $9.34 million, a price-to-earnings ratio of 10.43 and a beta of 0.05. The business’s 50-day simple moving average is $0.72 and its 200-day simple moving average is $0.78.

Pacific Health Care Organization (OTCMKTS:PFHO) last released its earnings results on Wednesday, March 19th. The company reported $0.02 earnings per share (EPS) for the quarter. Pacific Health Care Organization had a net margin of 14.16% and a return on equity of 7.83%.

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.