Precision Optics (NASDAQ:POCI) Issues Earnings Results

Precision Optics (NASDAQ:POCI) released its quarterly earnings results on Monday. The company reported ($0.18) EPS for the quarter, Zacks reports. Precision Optics had a negative return on equity of 54.03% and a negative net margin of 32.84%.

Precision Optics Stock Performance

NASDAQ:POCI remained flat at $4.39 during trading hours on Monday. The company had a trading volume of 40,640 shares, compared to its average volume of 13,734. The company has a market capitalization of $33.67 million, a PE ratio of -4.93 and a beta of 0.38. The company has a 50-day simple moving average of $4.63 and a two-hundred day simple moving average of $4.53. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.99 and a quick ratio of 1.26. Precision Optics has a 52-week low of $3.47 and a 52-week high of $5.76.

About Precision Optics

Precision Optics Corporation, Inc designs, develops, manufactures, and sells specialized optical and illumination systems and related components primarily in the United States and the European Economic Area. It offers medical instrumentation products, including endoscopes and endocouplers, as well as other custom imaging and illumination products, such as Microprecision lenses and micro medical cameras, and 3D endoscopes for use in minimally invasive surgical procedures by hospitals and physicians.