Escalon Medical (OTCMKTS:ESMC) Posts Earnings Results

Escalon Medical (OTCMKTS:ESMC) released its quarterly earnings data on Friday. The medical equipment provider reported $0.16 EPS for the quarter, reports. Escalon Medical had a negative return on equity of 19.77% and a negative net margin of 2.03%.

Escalon Medical Trading Down 3.6%

OTCMKTS:ESMC traded down $0.01 on Friday, reaching $0.25. 15,194 shares of the company’s stock were exchanged, compared to its average volume of 21,702. The business has a fifty day moving average of $0.19 and a 200-day moving average of $0.18. The company has a quick ratio of 1.06, a current ratio of 1.65 and a debt-to-equity ratio of 0.12. Escalon Medical has a 52-week low of $0.10 and a 52-week high of $0.46. The firm has a market capitalization of $1.86 million, a price-to-earnings ratio of -8.36 and a beta of 0.11.

About Escalon Medical

Escalon Medical Corp. engages in the development, manufacturing, marketing, and distribution of 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.