Precision Optics Co., Inc. (NASDAQ:POCI) Shares Purchased by WealthTrust Axiom LLC

WealthTrust Axiom LLC boosted its position in Precision Optics Co., Inc. (NASDAQ:POCI) by 9.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 187,975 shares of the company’s stock after purchasing an additional 15,502 shares during the quarter. WealthTrust Axiom LLC’s holdings in Precision Optics were worth $1,132,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, AMH Equity Ltd acquired a new position in Precision Optics in the 4th quarter valued at about $845,000. Institutional investors own 13.71% of the company’s stock.

Precision Optics Stock Performance

POCI remained flat at $5.60 during midday trading on Tuesday. The company’s stock had a trading volume of 1,875 shares, compared to its average volume of 4,883. The company has a current ratio of 1.82, a quick ratio of 1.10 and a debt-to-equity ratio of 0.17. The firm has a market capitalization of $33.99 million, a price-to-earnings ratio of -18.67 and a beta of 0.12. The firm has a 50-day simple moving average of $5.61 and a 200-day simple moving average of $5.88. Precision Optics Co., Inc. has a 52 week low of $5.12 and a 52 week high of $6.99.

Precision Optics (NASDAQ:POCI) last posted its quarterly earnings results on Wednesday, February 14th. The company reported ($0.13) EPS for the quarter. The business had revenue of $4.82 million during the quarter. Precision Optics had a negative net margin of 8.93% and a negative return on equity of 21.74%.

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.