Pacific Health Care Organization (OTCMKTS:PFHO) Shares Cross Below 200-Day Moving Average – Here’s Why

Pacific Health Care Organization, Inc. (OTCMKTS:PFHO)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.82 and traded as low as $0.76. Pacific Health Care Organization shares last traded at $0.76, with a volume of 3,437 shares traded.

Pacific Health Care Organization Stock Down 5.0 %

The company has a market capitalization of $9.73 million, a P/E ratio of 10.86 and a beta of 0.10. The business has a 50 day moving average of $0.83 and a 200 day moving average of $0.82.

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

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.