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

Pacific Health Care Organization, Inc. (OTCMKTS:PFHO) shares passed below its two hundred day moving average during trading on Friday . The stock has a two hundred 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 trading hands.

Pacific Health Care Organization Price Performance

The company has a 50 day moving average price of $0.83 and a 200 day moving average price of $0.82.

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 business had revenue of $1.53 million 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.