Precision Optics (POCI) Set to Announce Quarterly Earnings on Tuesday

Precision Optics (NASDAQ:POCIGet Free Report) is scheduled to announce its earnings results after the market closes on Tuesday, November 14th. Persons interested in listening to the company’s earnings conference call can do so using this link.

Precision Optics (NASDAQ:POCIGet Free Report) last released its quarterly earnings results on Thursday, September 28th. The company reported ($0.12) earnings per share (EPS) for the quarter. Precision Optics had a net margin of 0.31% and a negative return on equity of 12.31%. The business had revenue of $5.02 million during the quarter.

Precision Optics Stock Up 3.5 %

Shares of NASDAQ:POCI opened at $6.16 on Friday. The company has a quick ratio of 1.35, a current ratio of 1.87 and a debt-to-equity ratio of 0.19. The firm has a market cap of $37.39 million, a P/E ratio of 308.15 and a beta of 0.17. Precision Optics has a 12 month low of $5.41 and a 12 month high of $7.85. The company’s 50-day moving average price is $5.99 and its two-hundred day moving average price is $6.13.

Hedge Funds Weigh In On Precision Optics

Institutional investors have recently modified their holdings of the stock. Needham Investment Management LLC bought a new position in Precision Optics in the 4th quarter worth approximately $1,118,000. Morgan Stanley bought a new stake in shares of Precision Optics during the fourth quarter worth $195,000. Renaissance Technologies LLC bought a new stake in shares of Precision Optics during the first quarter worth $84,000. Finally, BlackRock Inc. bought a new stake in shares of Precision Optics during the second quarter worth $39,000. 8.14% of the stock is owned by 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.

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Earnings History for Precision Optics (NASDAQ:POCI)

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