EACO (OTCMKTS:EACO) Shares Gap Down – Here’s Why

Shares of EACO Corp. (OTCMKTS:EACOGet Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $121.99, but opened at $115.00. EACO shares last traded at $115.00, with a volume of 105 shares changing hands.

EACO Price Performance

The firm’s 50 day simple moving average is $101.25 and its two-hundred day simple moving average is $95.06. The firm has a market capitalization of $558.90 million, a P/E ratio of 13.48 and a beta of 0.31.

EACO (OTCMKTS:EACOGet Free Report) last announced its quarterly earnings data on Wednesday, July 1st. The financial services provider reported $2.77 earnings per share (EPS) for the quarter. The firm had revenue of $142.35 million for the quarter. EACO had a return on equity of 24.43% and a net margin of 8.47%.

EACO Company Profile

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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.

Further Reading

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