Encision (OTCMKTS:ECIA) Issues Earnings Results

Encision (OTCMKTS:ECIA) released its quarterly earnings data on Thursday. The medical device company reported ($0.01) earnings per share (EPS) for the quarter, Zacks reports. The company had revenue of $1.58 million for the quarter. Encision had a negative net margin of 8.96% and a negative return on equity of 32.90%.

Encision Price Performance

Shares of Encision stock opened at $0.37 on Friday. The business’s fifty day moving average price is $0.36 and its two-hundred day moving average price is $0.43. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.67 and a quick ratio of 0.82. The company has a market capitalization of $4.35 million, a P/E ratio of -18.30 and a beta of 0.55. Encision has a 1-year low of $0.16 and a 1-year high of $0.50.

Encision Company Profile

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