IEH (OTCMKTS:IEHC) Shares Cross Above Fifty Day Moving Average – Time to Sell?

Ieh Corp (OTCMKTS:IEHC) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $21.40 and traded as high as $23.52. IEH shares last traded at $23.52, with a volume of 431 shares trading hands.

IEH Stock Performance

The company’s 50 day moving average is $21.40 and its 200-day moving average is $18.47. The company has a market capitalization of $58.09 million, a P/E ratio of -44.38 and a beta of -0.09. The company has a current ratio of 7.02, a quick ratio of 4.85 and a debt-to-equity ratio of 0.01.

IEH (OTCMKTS:IEHC) last issued its earnings results on Friday, June 12th. The company reported $0.02 earnings per share (EPS) for the quarter. IEH had a negative net margin of 4.41% and a negative return on equity of 5.75%. The business had revenue of $8.53 million during the quarter.

About IEH

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.