Pacific Health Care Organization (OTCMKTS:PFHO) Stock Crosses Below 200 Day Moving Average – What’s Next?

Pacific Health Care Organization Inc. (OTCMKTS:PFHO)’s share price crossed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $1.01 and traded as low as $0.9001. Pacific Health Care Organization shares last traded at $0.9370, with a volume of 1,600 shares.

Pacific Health Care Organization Stock Performance

The business’s 50 day moving average is $0.97 and its two-hundred day moving average is $1.01. The firm has a market capitalization of $12.03 million, a PE ratio of 10.45 and a beta of 0.17.

Pacific Health Care Organization Company Profile

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.