Precision Optics Co., Inc. (OTCMKTS:PEYE) saw a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 2,400 shares, a growth of 700.0% from the October 31st total of 300 shares. Based on an average daily volume of 4,400 shares, the short-interest ratio is presently 0.5 days.
Shares of Precision Optics stock remained flat at $$2.21 on Friday. Precision Optics has a 12-month low of $1.16 and a 12-month high of $3.00. The stock has a market cap of $36.95 million, a P/E ratio of -221.00 and a beta of 0.62. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.15 and a current ratio of 1.90. The firm has a 50-day simple moving average of $2.10 and a 200 day simple moving average of $1.84.
Precision Optics (OTCMKTS:PEYE) last announced its quarterly earnings data on Tuesday, September 28th. The company reported ($0.03) EPS for the quarter. The company had revenue of $2.67 million for the quarter. Precision Optics had a negative return on equity of 3.26% and a negative net margin of 0.97%.
Precision Optics Corp., engages in the design, development, manufacture, and selling of optical instruments. Its products include microprecision lenses and micro medical camera, 3D endoscope, and robotic surgery systems. The company was founded by Richard E. Forkey in December 1982 and is headquartered in Gardner, MA.
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