EACO (OTCMKTS:EACO) Share Price Passes Above 200-Day Moving Average - What's Next?

Key Points

• EACO shares moved above their 200-day moving average ($83.06), trading as high as $95.50 and rising about 6.1% on the session.
• The company reported quarterly EPS of $2.00 on $117.84M in revenue and has a market cap of $464.13M with a PE of 12.40; profitability and balance-sheet metrics include a 23.5% ROE, 8.16% net margin, current ratio 3.54 and debt/equity 0.02.

EACO Corp. (OTCMKTS:EACO - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $83.06 and traded as high as $95.50. EACO shares last traded at $95.50, with a volume of 719 shares trading hands.

EACO Stock Up 6.1%

The business has a 50 day simple moving average of $86.00 and a 200 day simple moving average of $83.06. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.54 and a quick ratio of 1.86. The stock has a market cap of $464.13 million, a PE ratio of 12.40 and a beta of 0.12.

EACO (OTCMKTS:EACO - Get Free Report) last issued its earnings results on Thursday, April 2nd. The financial services provider reported $2.00 EPS for the quarter. EACO had a return on equity of 23.50% and a net margin of 8.16%.The firm had revenue of $117.84 million for the quarter.

About EACO

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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