IEH (OTCMKTS:IEHC) Raised to Hold at Zacks Research

IEH (OTCMKTS:IEHC) was upgraded by research analysts at Zacks Research to a “hold” rating in a research note issued to investors on Wednesday, Zacks reports.

IEH Trading Down 0.5%

Shares of IEHC opened at $28.85 on Wednesday. The stock has a 50 day simple moving average of $27.78 and a 200-day simple moving average of $22.36. The company has a current ratio of 9.17, a quick ratio of 6.09 and a debt-to-equity ratio of 0.01. The stock has a market cap of $71.55 million, a PE ratio of -2,885.00 and a beta of -0.04. IEH has a 1 year low of $8.10 and a 1 year high of $33.88.

IEH (OTCMKTS:IEHC) last announced its quarterly earnings results on Friday, August 7th. The company reported $0.25 earnings per share for the quarter. The firm had revenue of $10.02 million for the quarter. IEH had a return on equity of 0.06% and a net margin of 0.04%. On average, sell-side analysts predict that IEH will post 0.47 EPS for the current fiscal year.

IEH Company Profile

IEH Corporation (OTCMKTS:IEHC) is a U.S.-based manufacturer of high-reliability electronic interconnect products and assemblies. The company develops and produces custom interconnect solutions used to connect electrical and electronic systems in demanding operating environments.

Its products and services are intended for applications that require durability, precision and dependable performance, including aerospace, defense, space, medical and other industrial markets. IEH works with customers on specialized designs and manufacturing requirements rather than focusing solely on standardized, mass-market components.

The company is headquartered in New York and serves customers through its U.S.-based manufacturing and engineering operations.