EACO Corp. (OTCMKTS:EACO) Sees Significant Decrease in Short Interest

EACO Corp. (OTCMKTS:EACO) saw a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 1 shares, a decrease of 66.7% from the May 31st total of 3 shares. Based on an average daily volume of 116 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

EACO Stock Performance

Shares of OTCMKTS EACO opened at $85.23 on Friday. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.54 and a quick ratio of 1.86. The stock’s fifty day moving average price is $98.78 and its two-hundred day moving average price is $89.95. EACO has a one year low of $42.00 and a one year high of $110.00. The firm has a market cap of $414.22 million, a price-to-earnings ratio of 11.07 and a beta of 0.30.

EACO (OTCMKTS:EACO) last released its quarterly earnings results on Thursday, April 2nd. The financial services provider reported $2.00 EPS for the quarter. The business had revenue of $117.84 million for the quarter. EACO had a net margin of 8.16% and a return on equity of 23.50%.

EACO Company Profile

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.