Precision Optics (PEYE) Releases Earnings Results

Precision Optics (OTCMKTS:PEYE) issued its quarterly earnings data on Wednesday. The company reported ($0.01) earnings per share (EPS) for the quarter, Bloomberg Earnings reports. Precision Optics had a negative return on equity of 100.61% and a negative net margin of 22.26%.

Shares of Precision Optics (OTCMKTS PEYE) remained flat at $$0.55 during trading hours on Wednesday. The stock had a trading volume of 7,404 shares, compared to its average volume of 3,335. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.79 and a current ratio of 1.67. The stock has a market capitalization of $4.24, a price-to-earnings ratio of -6.11 and a beta of 2.33. Precision Optics has a fifty-two week low of $0.40 and a fifty-two week high of $0.65.

Separately, ValuEngine downgraded Precision Optics from a “hold” rating to a “sell” rating in a research report on Monday, November 20th.

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About Precision Optics

Precision Optics Corporation, Inc designs, develops, manufactures and sells specialized optical and illumination systems and related components. The Company manufactures products in two areas: medical products for use by hospitals and physicians, and products used by military and industrial customers.

Earnings History for Precision Optics (OTCMKTS:PEYE)

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