Pacific Health Care Organization (OTCMKTS:PFHO) Stock Passes Below Two Hundred Day Moving Average – Here’s What Happened

Shares of Pacific Health Care Organization, Inc. (OTCMKTS:PFHO) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.83 and traded as low as $0.79. Pacific Health Care Organization shares last traded at $0.79, with a volume of 7,000 shares trading hands.

Pacific Health Care Organization Stock Up 2.6 %

The company’s 50 day moving average price is $0.80 and its two-hundred day moving average price is $0.83. The firm has a market cap of $10.11 million, a PE ratio of 11.29 and a beta of 0.07.

Pacific Health Care Organization (OTCMKTS:PFHO) last issued its quarterly earnings results on Friday, November 1st. The company reported $0.01 EPS for the quarter. The company had revenue of $1.53 million for the quarter. Pacific Health Care Organization had a net margin of 14.16% and a return on equity of 7.83%.

About Pacific Health Care Organization

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.