Precision Optics Reports Fourth Quarter and Fiscal Year 2024 Financial Results

POCI Stock   5.01  0.14  2.72%   
Under 62% of Precision Optics,'s investor base is looking to short. The analysis of overall sentiment of trading Precision Optics, stock suggests that many investors are alarmed at this time. Precision Optics,'s investing sentiment shows overall attitude of investors towards Precision Optics,.
  
Conference Call Scheduled for today, September 30, 2024, at 500pm ET....

Read at globenewswire.com
Macroaxis News: globenewswire.com
  

Precision Optics, Fundamental Analysis

We analyze Precision Optics,'s financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Precision Optics, using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Precision Optics, based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Price To Sales

Price To Sales Comparative Analysis

Precision Optics, is currently under evaluation in price to sales category among its peers. Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

Precision Optics, Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Precision Optics, stock to make a market-neutral strategy. Peer analysis of Precision Optics, could also be used in its relative valuation, which is a method of valuing Precision Optics, by comparing valuation metrics with similar companies.

Peers

Precision Optics, Related Equities

RVPRetractable Technologies   6.25   
0%
100.0%
MLSSMilestone Scientific   4.76   
0%
76.0%
ESLOYEssilor International   0.62   
0%
9.0%
UTMDUtah Medical   0.50   
0%
8.0%
HOCPYHoya Corp   0.09   
0%
1.0%
CLPBFColoplast   0.00   
0%
0%
INFUInfuSystems Holdings   0.25   
4.0%
0%
KRMDRepro Med   0.50   
8.0%
0%
CLPBYColoplast   0.72   
11.0%
0%
ISRGIntuitive Surgical   0.73   
11.0%
0%
ESLOFEssilorLuxottica   0.73   
11.0%
0%
PDEXPro Dex   0.82   
13.0%
0%
SSMXYSysmex Corp   1.18   
18.0%
0%
FEMYFemasys   1.74   
27.0%
0%
SAUHYStraumann Holding   1.79   
28.0%
0%
BNGOBionano Genomics   4.55   
72.0%
0%

Complementary Tools for Precision Stock analysis

When running Precision Optics,'s price analysis, check to measure Precision Optics,'s market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Precision Optics, is operating at the current time. Most of Precision Optics,'s value examination focuses on studying past and present price action to predict the probability of Precision Optics,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Precision Optics,'s price. Additionally, you may evaluate how the addition of Precision Optics, to your portfolios can decrease your overall portfolio volatility.
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios