EACO (OTCMKTS:EACO) Shares Gap Up – Here’s What Happened
by Sarita Garza · The Markets DailyEACO Corp. (OTCMKTS:EACO – Get Free Report)’s share price gapped up before the market opened on Tuesday. The stock had previously closed at $125.00, but opened at $140.00. EACO shares last traded at $140.00, with a volume of 224 shares changing hands.
EACO Trading Down 6.7%
The business’s fifty day moving average price is $131.30 and its 200-day moving average price is $104.51. The company has a market capitalization of $680.68 million, a P/E ratio of 14.24 and a beta of 0.34.
EACO (OTCMKTS:EACO – Get Free Report) last released its earnings results on Wednesday, October 28th. The financial services provider reported $3.16 EPS for the quarter. EACO had a return on equity of 27.35% and a net margin of 9.01%. The business had revenue of $163.89 million for the quarter.
EACO Company Profile
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.