Escalon Medical Corp. (OTCMKTS:ESMC)’s stock price dropped 24.9% on Wednesday . The stock traded as low as $0.09 and last traded at $0.09, approximately 101 shares changed hands during mid-day trading. A decline of 99% from the average daily volume of 9,175 shares. The stock had previously closed at $0.12.

The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.17 and a current ratio of 1.92. The business’s fifty day moving average is $0.12.

Escalon Medical Company Profile (OTCMKTS:ESMC)

Escalon Medical Corp. develops, manufactures, markets, and distributes medical devices and pharmaceuticals in the area of ophthalmology in the United States and internationally. It offers A-Scan, which provides information about the internal structure of the eye; B-Scan, a diagnostic tool that supplies information to physicians where the media within the eye are cloudy or opaque; UBM, a high frequency/high resolution ultrasound device, which provides detailed information about the anterior segment of the eye; and pachymeter that measures the thickness of cornea.

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