Pacific Health Care Organization (OTCMKTS:PFHO) Share Price Passes Below 200-Day Moving Average – Should You Sell?

Shares of Pacific Health Care Organization, Inc. (OTCMKTS:PFHO) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $0.77 and traded as low as $0.72. Pacific Health Care Organization shares last traded at $0.72, with a volume of 2,441 shares traded.

Pacific Health Care Organization Stock Down 0.9 %

The company has a market cap of $9.26 million, a PE ratio of 10.34 and a beta of 0.05. The stock’s 50 day simple moving average is $0.72 and its two-hundred day simple moving average is $0.77.

Pacific Health Care Organization (OTCMKTS:PFHO) last issued its earnings results on Wednesday, March 19th. The company reported $0.02 earnings per share for the quarter. Pacific Health Care Organization had a return on equity of 7.83% and a net margin of 14.16%. The business had revenue of $1.54 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.