Escalon Medical (OTCMKTS:ESMC) Issues Quarterly Earnings Results

Escalon Medical (OTCMKTS:ESMC) released its quarterly earnings data on Friday. The medical equipment provider reported ($0.03) earnings per share (EPS) for the quarter, Zacks reports. Escalon Medical had a net margin of 0.88% and a return on equity of 7.73%. The business had revenue of $2.67 million during the quarter.

Escalon Medical Stock Up 0.5%

Shares of ESMC stock traded up $0.00 during trading on Friday, reaching $0.17. The company had a trading volume of 500 shares, compared to its average volume of 21,510. The firm’s 50 day simple moving average is $0.20 and its two-hundred day simple moving average is $0.28. Escalon Medical has a one year low of $0.10 and a one year high of $0.46. The company has a quick ratio of 0.92, a current ratio of 1.72 and a debt-to-equity ratio of 0.18.

Escalon Medical Company Profile

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.