EACO (OTCMKTS:EACO) Shares Gap Up – Still a Buy?

EACO Corp. (OTCMKTS:EACOGet Free Report) shares gapped up before the market opened on Thursday . The stock had previously closed at $125.00, but opened at $130.00. EACO shares last traded at $130.00, with a volume of 100 shares traded.

EACO Price Performance

The business’s 50-day moving average price is $115.62 and its two-hundred day moving average price is $101.85. The company has a market capitalization of $631.80 million, a P/E ratio of 15.24 and a beta of 0.34.

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

About EACO

(Get Free Report)

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.

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