Escalon Medical (OTCMKTS:ESMC) Issues Earnings Results

Escalon Medical (OTCMKTS:ESMC) issued its quarterly earnings data on Friday. The medical equipment provider reported $0.16 earnings per share (EPS) for the quarter, reports. Escalon Medical had a negative return on equity of 19.77% and a negative net margin of 2.03%.

Escalon Medical Price Performance

ESMC traded down $0.01 during trading on Friday, reaching $0.25. 15,194 shares of the company were exchanged, compared to its average volume of 22,627. The company’s 50-day moving average is $0.19 and its two-hundred day moving average is $0.18. The company has a market cap of $1.86 million, a price-to-earnings ratio of -8.36 and a beta of 0.11. The company has a quick ratio of 1.06, a current ratio of 1.65 and a debt-to-equity ratio of 0.12. Escalon Medical has a 12-month low of $0.10 and a 12-month high of $0.46.

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.