Encision (OTCMKTS:ECIA) released its quarterly earnings data on Monday. The medical device company reported $0.01 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. Encision had a negative net margin of 1.03% and a negative return on equity of 4.71%. The business had revenue of $2.19 million during the quarter.
Encision (OTCMKTS:ECIA) traded down $0.08 during trading hours on Tuesday, hitting $0.37. 2,344 shares of the stock traded hands, compared to its average volume of 15,308.
Separately, ValuEngine raised shares of Encision from a “sell” rating to a “hold” rating in a research report on Friday, October 13th.
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Encision Inc is a medical device company. The Company designs, develops, manufactures and markets surgical instruments that provide safety to patients undergoing minimally-invasive surgery. Its Active Electrode Monitoring (AEM) technology provides surgeons with the desired tissue effects of cutting and coagulating tissue in laparoscopic procedures, while preventing stray electrosurgical energy that can cause complications and even death.
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