Encision (OTCMKTS:ECIA) Stock Price Crosses Below 50 Day Moving Average of $0.37

Shares of Encision, Inc. (OTCMKTS:ECIA) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $0.37 and traded as low as $0.37. Encision shares last traded at $0.37, with a volume of 5,000 shares trading hands.

The firm has a 50 day simple moving average of $0.36 and a two-hundred day simple moving average of $0.38. The company has a quick ratio of 1.18, a current ratio of 2.44 and a debt-to-equity ratio of 0.49.

Encision (OTCMKTS:ECIA) last announced its earnings results on Monday, August 12th. The medical device company reported ($0.02) earnings per share for the quarter. Encision had a negative net margin of 5.25% and a negative return on equity of 18.76%. The company had revenue of $1.93 million during the quarter.

About Encision (OTCMKTS:ECIA)

Encision Inc, a medical device company, designs, develops, manufactures, and markets patented surgical instruments in the United States. It provides active electrode monitoring (AEM) surgical instruments and monitors that enhance patient safety and patient outcomes in laparoscopic surgical procedures.

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