Precision Optics (OTCMKTS:PEYE) Stock Price Down 1% – Time to Sell?

Precision Optics Co., Inc. (OTCMKTS:PEYE)’s stock price dropped 1% during mid-day trading on Monday . The company traded as low as $1.90 and last traded at $1.95. Approximately 113,500 shares traded hands during mid-day trading, an increase of 1,059% from the average daily volume of 9,793 shares. The stock had previously closed at $1.97.

Precision Optics Price Performance

The company has a market capitalization of $32.98 million, a price-to-earnings ratio of -32.50 and a beta of 0.41. The company has a current ratio of 1.42, a quick ratio of 0.76 and a debt-to-equity ratio of 0.23. The firm’s 50-day moving average price is $1.95.

Precision Optics Company Profile

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.