Escalon Medical Corp. (OTCMKTS:ESMC – Get Rating) was the recipient of a large drop in short interest during the month of July. As of July 31st, there was short interest totalling 100 shares, a drop of 97.1% from the July 15th total of 3,400 shares. Based on an average daily trading volume, of 3,500 shares, the days-to-cover ratio is presently 0.0 days.
Escalon Medical Stock Performance
OTCMKTS:ESMC remained flat at $0.09 during mid-day trading on Thursday. The firm's 50 day moving average price is $0.11 and its 200-day moving average price is $0.11. The company has a current ratio of 1.40, a quick ratio of 0.88 and a debt-to-equity ratio of 0.20. Escalon Medical has a 52 week low of $0.08 and a 52 week high of $0.26.
Get Escalon Medical alerts:Escalon Medical (OTCMKTS:ESMC – Get Rating) last released its quarterly earnings results on Friday, May 13th. The medical equipment provider reported ($0.04) earnings per share (EPS) for the quarter. The firm had revenue of $2.42 million for the quarter. Escalon Medical had a return on equity of 15.91% and a net margin of 1.43%.
Escalon Medical Company Profile
(Get Rating)Escalon Medical Corp. develops, manufactures, markets, and distributes 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.
Further Reading
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