IEH (OTCMKTS:IEHC) Stock Price Down 11.4% – Should You Sell?

IEH Co. (OTCMKTS:IEHC)’s share price dropped 11.4% during mid-day trading on Monday . The stock traded as low as $9.30 and last traded at $9.30. Approximately 700 shares were traded during trading, a decline of 44% from the average daily volume of 1,240 shares. The stock had previously closed at $10.50.

IEH Trading Down 11.4 %

The firm has a market cap of $22.16 million, a PE ratio of 186.00 and a beta of 0.53. The business’s 50-day simple moving average is $10.13 and its 200 day simple moving average is $9.22.

IEH (OTCMKTS:IEHC) last issued its quarterly earnings data on Friday, November 8th. The company reported $0.10 earnings per share (EPS) for the quarter. The company had revenue of $7.34 million for the quarter. IEH had a net margin of 0.52% and a return on equity of 0.63%.

IEH Company Profile

IEH Corporation designs, develops, manufactures, and sells printed circuit board connectors and custom interconnects for high performance applications in the United States and internationally. The company's products are used as basic components of larger assemblies of finished goods. It markets its products directly to original equipment manufacturers, as well as through authorized representatives and distributors primarily to defense, aerospace, medical, industrial, test equipment, space, and commercial electronic markets.