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

Pacific Health Care Organization, Inc. (OTCMKTS:PFHO) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.78 and traded as low as $0.71. Pacific Health Care Organization shares last traded at $0.71, with a volume of 700 shares traded.

Pacific Health Care Organization Stock Up 2.8 %

The company has a market cap of $9.34 million, a price-to-earnings ratio of 10.43 and a beta of 0.05. The stock has a fifty day moving average price of $0.72 and a two-hundred day moving average price of $0.78.

Pacific Health Care Organization (OTCMKTS:PFHO) last posted its earnings results on Wednesday, March 19th. The company reported $0.02 earnings per share for the quarter. Pacific Health Care Organization had a return on equity of 7.83% and a net margin of 14.16%.

Pacific Health Care Organization Company Profile

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.