Oculus Innovative Sciences Inc. (NASDAQ:OCLS)’s share price reached a new 52-week low on Wednesday . The stock traded as low as $3.57 and last traded at $3.59, with a volume of 20,348 shares trading hands. The stock had previously closed at $3.70.

Separately, Maxim Group reaffirmed a “buy” rating and issued a $3.00 price objective on shares of Oculus Innovative Sciences in a research note on Wednesday, April 20th.

The stock’s market capitalization is $15.46 million. The firm’s 50-day moving average is $4.31 and its 200-day moving average is $4.84.

Oculus Innovative Sciences (NASDAQ:OCLS) last posted its quarterly earnings results on Thursday, July 28th. The company reported ($0.61) EPS for the quarter. On average, analysts predict that Oculus Innovative Sciences Inc. will post ($2.04) earnings per share for the current fiscal year.

Oculus Innovative Sciences, Inc is a specialty device and pharmaceutical company. The Company develops and markets solutions for the treatment of dermatological conditions and advanced tissue care in both humans and animals. The Company offers wound care products which are sold into the human and animal healthcare markets in the United States, Mexico and Europe.

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