IEH (OTCMKTS:IEHC) Shares Cross Below 50 Day Moving Average – Here’s Why

IEH Co. (OTCMKTS:IEHCGet Free Report) passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $9.17 and traded as low as $7.50. IEH shares last traded at $7.50, with a volume of 200 shares traded.

IEH Price Performance

The stock’s fifty day simple moving average is $9.06 and its 200-day simple moving average is $9.48. The stock has a market cap of $17.91 million, a P/E ratio of 18.29 and a beta of 0.48.

IEH (OTCMKTS:IEHCGet Free Report) last released its quarterly earnings results on Tuesday, February 11th. The company reported ($0.03) earnings per share for the quarter. IEH had a net margin of 3.51% and a return on equity of 4.49%.

IEH Company Profile

(Get Free Report)

IEH Corporation designs, develops, manufactures, and sells printed circuit board connectors and custom interconnects for high performance applications in the United States and internationally. The company's products are used as basic components of larger assemblies of finished goods. It markets its products directly to original equipment manufacturers, as well as through authorized representatives and distributors primarily to defense, aerospace, medical, industrial, test equipment, space, and commercial electronic markets.

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