EACO (OTCMKTS:EACO) Trading 7.4% Higher – Here’s Why

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

EACO Stock Up 7.4 %

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

About EACO

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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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