Precision Optics (NASDAQ:POCI) Announces Earnings Results

Precision Optics (NASDAQ:POCI) released its earnings results on Monday. The company reported ($0.23) earnings per share for the quarter, Zacks reports. The firm had revenue of $4.72 million for the quarter. Precision Optics had a negative return on equity of 19.07% and a negative net margin of 8.43%.

Precision Optics Stock Performance

Shares of NASDAQ POCI opened at $5.25 on Tuesday. Precision Optics has a 12 month low of $4.92 and a 12 month high of $6.90. The company has a quick ratio of 1.05, a current ratio of 1.64 and a debt-to-equity ratio of 0.16. The company has a market cap of $31.89 million, a P/E ratio of -18.75 and a beta of 0.16. The business’s 50 day moving average is $5.63 and its two-hundred day moving average is $5.83.

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.