Precision Optics Co., Inc. (NASDAQ:POCI – Get Free Report) was the recipient of a large decrease in short interest in February. As of February 28th, there was short interest totalling 4,100 shares, a decrease of 76.2% from the February 13th total of 17,200 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 11,200 shares, the short-interest ratio is currently 0.4 days.
Precision Optics Trading Down 4.1 %
NASDAQ:POCI opened at $4.50 on Friday. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.22 and a quick ratio of 0.62. The firm has a market capitalization of $34.37 million, a price-to-earnings ratio of -7.03 and a beta of 0.23. Precision Optics has a one year low of $3.47 and a one year high of $6.90. The business has a fifty day moving average price of $4.80 and a 200-day moving average price of $4.90.
Precision Optics (NASDAQ:POCI – Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The company reported ($0.15) earnings per share (EPS) for the quarter. Precision Optics had a negative return on equity of 39.17% and a negative net margin of 21.46%. The business had revenue of $4.53 million during the quarter.
Institutional Investors Weigh In On Precision Optics
Precision Optics Company Profile
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.
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