Escalon Medical (OTCMKTS:ESMC) Posts Quarterly Earnings Results

Escalon Medical (OTCMKTS:ESMC) posted its earnings results on Friday. The medical equipment provider reported $0.02 earnings per share for the quarter, Zacks reports. Escalon Medical had a negative return on equity of 13.10% and a negative net margin of 1.25%.

Escalon Medical Price Performance

Escalon Medical stock opened at $0.16 on Friday. Escalon Medical has a fifty-two week low of $0.11 and a fifty-two week high of $0.27. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.66 and a quick ratio of 0.99. The stock has a 50-day simple moving average of $0.15 and a 200-day simple moving average of $0.15.

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.