Pacific Health Care Organization (OTCMKTS:PFHO) Stock Price Passes Below 200-Day Moving Average – Here’s Why

Shares of Pacific Health Care Organization, Inc. (OTCMKTS:PFHO) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.82 and traded as low as $0.76. Pacific Health Care Organization shares last traded at $0.76, with a volume of 3,437 shares traded.

Pacific Health Care Organization Price Performance

The business’s fifty day moving average price is $0.83 and its two-hundred day moving average price is $0.82. The stock has a market capitalization of $9.73 million, a PE ratio of 10.86 and a beta of 0.10.

Pacific Health Care Organization (OTCMKTS:PFHO) last posted its quarterly earnings results on Friday, November 1st. The company reported $0.01 earnings per share (EPS) for the quarter. The company had revenue of $1.53 million during the quarter. Pacific Health Care Organization had a net margin of 14.16% and a return on equity of 7.83%.

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.