EACO (OTCMKTS:EACO) Trading 19.6% Higher - Here's Why

EACO Corp. (OTCMKTS:EACO - Get Free Report) traded up 19.6% during mid-day trading on Tuesday . The company traded as high as $42.00 and last traded at $42.00. 345 shares were traded during mid-day trading, an increase of 2,980% from the average session volume of 11 shares. The stock had previously closed at $35.12.

EACO Price Performance

The company has a 50-day moving average of $40.16 and a 200-day moving average of $41.55. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.39 and a current ratio of 2.86. The stock has a market cap of $261.86 million, a price-to-earnings ratio of 8.88 and a beta of 0.10.

EACO (OTCMKTS:EACO - Get Free Report) last posted its quarterly earnings results on Tuesday, July 1st. The financial services provider reported $1.94 earnings per share for the quarter. EACO had a net margin of 7.39% and a return on equity of 22.78%. The business had revenue of $111.41 million for the quarter.

EACO Company Profile

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.