HighTower Advisors LLC Has $401,000 Holdings in Precision Optics Corp. $POCI

HighTower Advisors LLC raised its stake in Precision Optics Corp. (NASDAQ:POCI) by 34.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 96,565 shares of the company’s stock after acquiring an additional 25,000 shares during the quarter. HighTower Advisors LLC owned about 1.26% of Precision Optics worth $401,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, Citadel Advisors LLC acquired a new stake in Precision Optics in the 4th quarter valued at about $93,000. Hedge funds and other institutional investors own 13.71% of the company’s stock.

Precision Optics Trading Down 4.1%

POCI opened at $4.70 on Monday. The company has a current ratio of 1.99, a quick ratio of 1.26 and a debt-to-equity ratio of 0.11. The stock has a market capitalization of $36.05 million, a PE ratio of -5.28 and a beta of 0.38. Precision Optics Corp. has a 1-year low of $3.47 and a 1-year high of $6.59. The firm has a 50-day moving average price of $4.78 and a two-hundred day moving average price of $4.54.

About Precision Optics

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.