EACO (OTCMKTS:EACO) Shares Down 3.4% – Here’s What Happened

EACO Corp. (OTCMKTS:EACO)’s share price was down 3.4% during mid-day trading on Tuesday . The company traded as low as $113.50 and last traded at $114.00. Approximately 266 shares were traded during mid-day trading, a decline of 4% from the average session volume of 278 shares. The stock had previously closed at $118.00.

EACO Price Performance

The stock has a market capitalization of $554.04 million, a P/E ratio of 13.36 and a beta of 0.31. The firm’s 50 day moving average price is $101.67 and its 200 day moving average price is $95.69.

EACO (OTCMKTS:EACO) last posted its earnings results on Wednesday, July 1st. The financial services provider reported $2.77 earnings per share (EPS) for the quarter. The company had revenue of $142.35 million for the quarter. EACO had a return on equity of 24.43% and a net margin of 8.47%.

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.