Encision Inc. (OTCMKTS:ECIA – Get Free Report) saw a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 22,520 shares, an increase of 152.5% from the April 15th total of 8,919 shares. Based on an average daily volume of 2,910 shares, the short-interest ratio is presently 7.7 days. Approximately 0.2% of the company’s shares are sold short.
Encision Price Performance
OTCMKTS:ECIA remained flat at $0.20 during mid-day trading on Friday. Encision has a 1 year low of $0.10 and a 1 year high of $0.42. The stock has a market capitalization of $3.39 million, a P/E ratio of -6.70 and a beta of 1.32. The company has a quick ratio of 0.91, a current ratio of 2.28 and a debt-to-equity ratio of 0.09. The company’s 50 day moving average price is $0.16 and its two-hundred day moving average price is $0.17.
Encision Company Profile
Encision, Inc is a U.S.-based medical device company specializing in the development and commercialization of safety solutions for electrosurgery. Founded in the early 1990s, the company’s core mission is to reduce the risk of unintended thermal injuries during surgical procedures by controlling stray electrical current. Encision’s operations focus on research, design, and manufacturing of proprietary instruments and monitoring systems that integrate seamlessly with existing surgical equipment.
At the heart of Encision’s product offering is its Active Electrode Monitoring (AEM) platform.
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