EACO (OTCMKTS:EACO) Trading 7.4% Higher – Still a Buy?

Shares of EACO Co. (OTCMKTS:EACOGet Free Report) rose 7.4% on Thursday . The company traded as high as $36.51 and last traded at $36.50. Approximately 500 shares changed hands during trading, a decline of 24% from the average daily volume of 660 shares. The stock had previously closed at $34.00.

EACO Trading Up 7.4 %

The company’s 50 day moving average price is $36.37 and its two-hundred day moving average price is $34.72. The firm has a market cap of $177.39 million, a PE ratio of 11.93 and a beta of 0.08. The company has a quick ratio of 1.30, a current ratio of 2.54 and a debt-to-equity ratio of 0.03.

EACO Company Profile

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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.

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