Precision Optics (POCI) to Release Earnings on Wednesday

Precision Optics (NASDAQ:POCIGet Free Report) is set to post its quarterly earnings results after the market closes on Wednesday, February 14th. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Precision Optics (NASDAQ:POCIGet Free Report) last released its quarterly earnings data on Tuesday, November 14th. The company reported ($0.08) earnings per share for the quarter. The firm had revenue of $4.32 million during the quarter. Precision Optics had a negative net margin of 1.60% and a negative return on equity of 15.15%.

Precision Optics Price Performance

Shares of POCI stock opened at $6.00 on Tuesday. The company has a quick ratio of 1.22, a current ratio of 1.80 and a debt-to-equity ratio of 0.18. Precision Optics has a 1 year low of $5.45 and a 1 year high of $7.20. The stock has a fifty day moving average price of $6.11 and a 200 day moving average price of $6.05.

Institutional Investors Weigh In On Precision Optics

Several institutional investors and hedge funds have recently made changes to their positions in POCI. BlackRock Inc. acquired a new position in Precision Optics during the second quarter worth about $39,000. Renaissance Technologies LLC purchased a new stake in Precision Optics in the 1st quarter valued at approximately $84,000. Vanguard Group Inc. purchased a new stake in Precision Optics in the 3rd quarter valued at approximately $142,000. Morgan Stanley purchased a new position in Precision Optics during the fourth quarter worth $195,000. Finally, Needham Investment Management LLC acquired a new position in shares of Precision Optics in the fourth quarter worth $1,118,000. 8.14% of the stock is currently owned by hedge funds and other institutional investors.

About Precision Optics

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Precision Optics Corporation, Inc designs, develops, manufactures, and sells specialized optical and illumination systems and related components primarily in the United States and the European Economic Area. It offers medical instrumentation products, including endoscopes and endocouplers, as well as other custom imaging and illumination products, such as Microprecision lenses and micro medical cameras, and 3D endoscopes for use in minimally invasive surgical procedures by hospitals and physicians.

See Also

Earnings History for Precision Optics (NASDAQ:POCI)

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