IEH (OTCMKTS:IEHC) Issues Earnings Results

IEH (OTCMKTS:IEHC) released its quarterly earnings results on Thursday. The company reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.32, Zacks reports. IEH had a return on equity of 0.06% and a net margin of 0.04%.

IEH Stock Performance

IEHC stock traded up $2.65 during midday trading on Thursday, reaching $31.25. The stock had a trading volume of 38,869 shares, compared to its average volume of 5,040. The firm has a fifty day simple moving average of $29.54 and a two-hundred day simple moving average of $22.55. IEH has a 52-week low of $9.00 and a 52-week high of $33.88. The company has a debt-to-equity ratio of 0.01, a quick ratio of 6.09 and a current ratio of 9.17. The stock has a market cap of $77.84 million, a PE ratio of -3,125.00 and a beta of -0.12.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded IEH to a “hold” rating in a research note on Wednesday, September 16th. One research analyst has rated the stock with a Hold rating. According to MarketBeat, the stock currently has a consensus rating of “Hold”.

IEH Company Profile

IEH Corporation (OTCMKTS:IEHC) designs and manufactures high-reliability interconnect products and electronic packaging solutions. Its offerings include custom connectors, sockets, and related components used to establish electrical connections within demanding electronic systems. The company serves markets that require durable and precise interconnection technology, including aerospace, defense, medical, industrial, and other commercial applications. IEH’s products are intended for use in environments where performance, reliability, and resistance to demanding operating conditions are important.