Precision Optics (OTCMKTS:PEYE) Stock Crosses Below 50-Day Moving Average – Should You Sell?

Shares of Precision Optics Co., Inc. (OTCMKTS:PEYEGet Free Report) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $1.95 and traded as low as $1.90. Precision Optics shares last traded at $1.95, with a volume of 113,500 shares changing hands.

Precision Optics Price Performance

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

About Precision Optics

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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.

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