Escalon Medical (OTCMKTS:ESMC) Shares Pass Above Fifty Day Moving Average of $0.21

Escalon Medical Corp. (OTCMKTS:ESMC)’s share price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $0.21 and traded as high as $0.25. Escalon Medical shares last traded at $0.25, with a volume of 1,253 shares traded.

Escalon Medical Stock Up 32.8 %

The company has a debt-to-equity ratio of 0.24, a current ratio of 1.64 and a quick ratio of 1.09. The stock has a fifty day moving average of $0.21 and a 200 day moving average of $0.23. The firm has a market capitalization of $1.38 million, a P/E ratio of 6.18 and a beta of -0.50.

Escalon Medical (OTCMKTS:ESMC) last released its earnings results on Wednesday, February 14th. The medical equipment provider reported ($0.01) earnings per share (EPS) for the quarter. The firm had revenue of $2.87 million during the quarter. Escalon Medical had a return on equity of 39.40% and a net margin of 3.85%.

Escalon Medical Company Profile

Escalon Medical Corp. engages in the development, manufacturing, marketing, and distribution of medical devices and pharmaceuticals in the area of ophthalmology in the United States and internationally. It offers A-Scan, which provides information about the internal structure of the eye; B-Scan, a diagnostic tool that supplies information to physicians where the media within the eye are cloudy or opaque; UBM, a high frequency/high resolution ultrasound device, which provides detailed information about the anterior segment of the eye; and Pachymeter that measures the thickness of cornea.