Posted by admin on Aug 5th, 2022

Precision Optics Co., Inc. (OTCMKTS:PEYE – Get Rating)’s share price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $1.90 and traded as high as $1.99. Precision Optics shares last traded at $1.99, with a volume of 100 shares changing hands.

The stock’s 50-day simple moving average is $1.90 and its 200-day simple moving average is $1.99. The firm has a market capitalization of $33.66 million, a PE ratio of -18.09 and a beta of 0.49. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.78 and a current ratio of 1.29.

Precision Optics (OTCMKTS:PEYE – Get Rating) last released its earnings results on Monday, May 16th. The company reported ($0.01) earnings per share for the quarter. The business had revenue of $4.65 million during the quarter. Precision Optics had a negative return on equity of 26.05% and a negative net margin of 12.10%.

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. The company 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.

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