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

Pacific Health Care Organization Inc. (OTCMKTS:PFHO)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $1.15 and traded as low as $0.8018. Pacific Health Care Organization shares last traded at $0.83, with a volume of 58,859 shares trading hands.

Pacific Health Care Organization Stock Down 2.4%

The firm’s fifty day moving average price is $0.98 and its 200-day moving average price is $1.15. The stock has a market cap of $10.62 million, a P/E ratio of 7.55 and a beta of 0.15.

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

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.