Pacific Health Care Organization (OTCMKTS:PFHO) Shares Pass Below 200 Day Moving Average – Time to Sell?

Shares of Pacific Health Care Organization Inc. (OTCMKTS:PFHO) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $1.13 and traded as low as $0.85. Pacific Health Care Organization shares last traded at $0.85, with a volume of 10,300 shares trading hands.

Pacific Health Care Organization Stock Up 3.0%

The company has a market cap of $10.88 million, a P/E ratio of 7.73 and a beta of 0.15. The business’s 50 day moving average is $0.94 and its 200 day moving average is $1.13.

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