Escalon Medical Corp. (OTCMKTS:ESMC – Get Free Report) shares passed above its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of $0.17 and traded as high as $0.1750. Escalon Medical shares last traded at $0.1750, with a volume of 51,500 shares trading hands.
Escalon Medical Stock Performance
The company has a market cap of $1.30 million, a price-to-earnings ratio of 1.59 and a beta of 0.51. The company has a current ratio of 2.59, a quick ratio of 1.94 and a debt-to-equity ratio of 0.04. The business’s 50 day moving average price is $0.17 and its 200-day moving average price is $0.18.
About Escalon Medical
Escalon Medical Corp. is a medical-device company focused on products used in ophthalmic diagnosis and surgery. The company has developed, manufactured and marketed equipment and disposable products for eye-care professionals, particularly for procedures involving the retina and other structures of the eye.
Its product offerings have included ophthalmic ultrasound systems and related diagnostic equipment, as well as surgical products used in vitreoretinal procedures. These products are designed for use by ophthalmologists, hospitals and ambulatory surgical centers.
Escalon Medical has operated from the United States and has marketed its ophthalmic products through domestic and international distribution channels.
Further Reading
- Five stocks we like better than Escalon Medical
- AST SpaceMobile’s BlueBird Progress Comes With Several Risks Still Unresolved
- Time to Nibble on MCD Stock After it Enters Oversold Territory?
- McCormick Stock Trades Cheap, Offers Dividend Growth and Unilever Deal Upside
- Corning and AT&T’s $3 Billion Fiber Deal Reveals Where AI Spending Goes Next
Receive News & Ratings for Escalon Medical Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Escalon Medical and related companies with MarketBeat.com's FREE daily email newsletter.
