IEH (OTCMKTS:IEHC) Trading 1.3% Higher – Still a Buy?

Ieh Corp (OTCMKTS:IEHC)’s share price rose 1.3% during mid-day trading on Monday . The company traded as high as $20.00 and last traded at $20.00. Approximately 8,783 shares changed hands during trading, a decline of 27% from the average daily volume of 11,999 shares. The stock had previously closed at $19.75.

IEH Stock Performance

The business’s 50 day simple moving average is $15.41 and its 200-day simple moving average is $11.66. The stock has a market capitalization of $49.40 million, a price-to-earnings ratio of -52.63 and a beta of -0.12.

IEH (OTCMKTS:IEHC) last released its earnings results on Friday, February 6th. The company reported ($0.27) EPS for the quarter. IEH had a negative return on equity of 4.05% and a negative net margin of 3.29%.The business had revenue of $7.50 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.