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

Pacific Health Care Organization Inc. (OTCMKTS:PFHO) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $1.17 and traded as low as $0.83. Pacific Health Care Organization shares last traded at $0.85, with a volume of 9,000 shares changing hands.

Pacific Health Care Organization Price Performance

The company has a market capitalization of $10.88 million, a P/E ratio of 7.73 and a beta of 0.11. The business has a 50-day moving average of $1.05 and a 200-day moving average of $1.17.

Pacific Health Care Organization (OTCMKTS:PFHO) last announced its earnings results on Thursday, April 30th. The company reported $0.02 earnings per share for the quarter. Pacific Health Care Organization had a net margin of 20.16% and a return on equity of 9.95%. The business had revenue of $1.50 million for the quarter.

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.