EACO (OTCMKTS:EACO) Sets New 1-Year High – Here’s What Happened

EACO Corp. (OTCMKTS:EACO)’s share price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $109.99 and last traded at $109.99, with a volume of 126 shares trading hands. The stock had previously closed at $109.99.

EACO Stock Performance

The stock has a 50-day moving average of $95.47 and a 200-day moving average of $87.39. The firm has a market cap of $534.55 million, a price-to-earnings ratio of 14.28 and a beta of 0.30. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.86 and a current ratio of 3.54.

EACO (OTCMKTS:EACO) last announced its earnings results on Thursday, April 2nd. The financial services provider reported $2.00 earnings per share (EPS) for the quarter. EACO had a return on equity of 23.50% and a net margin of 8.16%.The business had revenue of $117.84 million for the quarter.

About EACO

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.