AMH Equity Ltd Sells 99,070 Shares of Precision Optics Co., Inc. (NASDAQ:POCI)

AMH Equity Ltd reduced its position in Precision Optics Co., Inc. (NASDAQ:POCI) by 59.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 67,129 shares of the company’s stock after selling 99,070 shares during the period. AMH Equity Ltd owned 1.06% of Precision Optics worth $324,000 at the end of the most recent quarter.

Separately, Geode Capital Management LLC lifted its position in Precision Optics by 95.5% during the third quarter. Geode Capital Management LLC now owns 52,268 shares of the company’s stock valued at $292,000 after acquiring an additional 25,530 shares during the last quarter. 13.71% of the stock is currently owned by institutional investors and hedge funds.

Precision Optics Price Performance

Shares of POCI opened at $4.22 on Thursday. The company has a 50 day moving average of $4.91 and a two-hundred day moving average of $4.96. The company has a quick ratio of 0.62, a current ratio of 1.22 and a debt-to-equity ratio of 0.17. Precision Optics Co., Inc. has a twelve month low of $3.47 and a twelve month high of $6.90. The company has a market cap of $32.23 million, a price-to-earnings ratio of -6.59 and a beta of 0.28.

Precision Optics (NASDAQ:POCI) last posted its quarterly earnings data on Thursday, February 13th. The company reported ($0.15) earnings per share for the quarter. Precision Optics had a negative return on equity of 39.17% and a negative net margin of 21.46%. The business had revenue of $4.53 million during the quarter.

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.