IEH (OTCMKTS:IEHC) Share Price Passes Below 50-Day Moving Average – Here’s Why

IEH Co. (OTCMKTS:IEHCGet Free Report)’s share price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $10.30 and traded as low as $8.00. IEH shares last traded at $8.00, with a volume of 10,323 shares.

IEH Trading Down 8.6 %

The stock has a 50-day simple moving average of $10.30 and a 200 day simple moving average of $9.56. The stock has a market capitalization of $19.12 million, a price-to-earnings ratio of 19.51 and a beta of 0.52.

IEH (OTCMKTS:IEHCGet Free Report) last posted its quarterly earnings results on Tuesday, February 11th. The company reported ($0.03) EPS for the quarter. IEH had a return on equity of 4.49% and a net margin of 3.51%.

IEH Company Profile

(Get Free Report)

IEH Corporation designs, develops, manufactures, and sells printed circuit board connectors and custom interconnects for high performance applications in the United States and internationally. The company's products are used as basic components of larger assemblies of finished goods. It markets its products directly to original equipment manufacturers, as well as through authorized representatives and distributors primarily to defense, aerospace, medical, industrial, test equipment, space, and commercial electronic markets.

Further Reading

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