EACO (OTCMKTS:EACO) Stock Price Up 7.4% – Still a Buy?

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

EACO Stock Performance

The business has a 50 day simple moving average of $36.35 and a 200 day simple moving average of $34.73. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.54 and a quick ratio of 1.30. The company has a market cap of $177.39 million, a price-to-earnings ratio of 11.93 and a beta of 0.04.

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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