Pacific Health Care Organization (OTCMKTS:PFHO) Stock Passes Above 50-Day Moving Average – Time to Sell?
by Doug Wharley · The Cerbat GemPacific Health Care Organization Inc. (OTCMKTS:PFHO – Get Free Report)’s share price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $0.94 and traded as high as $1.02. Pacific Health Care Organization shares last traded at $1.01, with a volume of 5,718 shares traded.
Pacific Health Care Organization Stock Performance
The firm has a market cap of $12.80 million, a P/E ratio of 11.11 and a beta of 0.20. The stock’s fifty day moving average is $0.95 and its two-hundred day moving average is $1.02.
About Pacific Health Care Organization
Pacific Health Care Organization, Inc is a healthcare management and cost-containment company focused primarily on the workers’ compensation industry. The company helps insurance carriers, third-party administrators, self-insured employers and other payors manage medical services and related claims expenses.
Its services have included medical provider network access, utilization review, medical bill review, case management and other medical management programs. These services are designed to support the administration of workers’ compensation claims, promote appropriate care and help clients manage healthcare costs and regulatory requirements.
Pacific Health Care Organization was established in the 1990s and has historically focused on serving workers’ compensation payors, particularly in California, while also providing services to clients in other markets.