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.
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.
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