Precision Optics Co. Inc (OTCMKTS:PEYE) shares crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $1.41 and traded as low as $1.23. Precision Optics shares last traded at $1.23, with a volume of 92,533 shares traded.

Separately, ValuEngine downgraded shares of Precision Optics from a “buy” rating to a “hold” rating in a research note on Thursday, July 2nd.

The company has a quick ratio of 0.91, a current ratio of 1.80 and a debt-to-equity ratio of 0.04. The company’s 50 day moving average is $1.41 and its 200 day moving average is $1.49.

Precision Optics (OTCMKTS:PEYE) last posted its earnings results on Thursday, May 14th. The company reported ($0.04) EPS for the quarter. The business had revenue of $2.38 million for the quarter. Precision Optics had a negative net margin of 12.04% and a negative return on equity of 33.95%.

Precision Optics Company Profile (OTCMKTS:PEYE)

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. The company 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.

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