EACO (OTCMKTS:EACO) Sees Strong Trading Volume – Here’s What Happened

Shares of EACO Corp. (OTCMKTS:EACO) saw unusually-strong trading volume on Thursday . Approximately 385 shares were traded during mid-day trading, an increase of 25% from the previous session’s volume of 307 shares.The stock last traded at $125.00 and had previously closed at $130.00.

EACO Stock Performance

The firm has a market capitalization of $607.50 million, a price-to-earnings ratio of 14.65 and a beta of 0.34. The firm’s 50-day moving average is $114.18 and its 200 day moving average is $100.79.

EACO (OTCMKTS:EACO) last announced its quarterly earnings results on Wednesday, July 1st. The financial services provider reported $2.77 earnings per share (EPS) for the quarter. The firm had revenue of $142.35 million during the quarter. EACO had a net margin of 8.47% and a return on equity of 24.43%.

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.