Escalon Medical (OTCMKTS:ESMC) Stock Passes Below 50 Day Moving Average of $0.10

Escalon Medical Corp. (OTCMKTS:ESMCGet Rating)’s share price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $0.10 and traded as low as $0.09. Escalon Medical shares last traded at $0.09, with a volume of 30,722 shares.

Escalon Medical Stock Down 8.4 %

The company has a current ratio of 1.40, a quick ratio of 0.88 and a debt-to-equity ratio of 0.20. The business’s fifty day simple moving average is $0.10 and its 200-day simple moving average is $0.11.

About Escalon Medical

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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.

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