Pacific Health Care Organization (OTCMKTS:PFHO) Releases Quarterly Earnings Results

Pacific Health Care Organization (OTCMKTS:PFHO) posted its quarterly earnings data on Thursday. The company reported $0.02 earnings per share for the quarter, Zacks reports. The company had revenue of $1.50 million during the quarter. Pacific Health Care Organization had a net margin of 20.67% and a return on equity of 10.99%.

Pacific Health Care Organization Trading Down 8.3%

Shares of Pacific Health Care Organization stock traded down $0.10 during midday trading on Friday, reaching $1.10. The company had a trading volume of 12,470 shares, compared to its average volume of 3,557. Pacific Health Care Organization has a 1-year low of $0.72 and a 1-year high of $1.49. The company has a market capitalization of $14.08 million, a price-to-earnings ratio of 10.00 and a beta of 0.14. The stock has a fifty day simple moving average of $1.21 and a 200 day simple moving average of $1.22.

About Pacific Health Care Organization

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.