Inrad Optics (OTCMKTS:INRD) Trading 0.9% Higher

Inrad Optics, Inc. (OTCMKTS:INRD) traded up 0.9% during trading on Monday . The company traded as high as $1.08 and last traded at $1.08. 62,000 shares traded hands during mid-day trading, an increase of 33% from the average session volume of 46,669 shares. The stock had previously closed at $1.07.

Inrad Optics Price Performance

The company’s 50-day moving average is $1.25 and its 200-day moving average is $1.26. The firm has a market cap of $15.41 million, a price-to-earnings ratio of 6.75 and a beta of -0.24. The company has a current ratio of 3.67, a quick ratio of 2.29 and a debt-to-equity ratio of 0.42.

Inrad Optics (OTCMKTS:INRD) last announced its quarterly earnings results on Thursday, March 28th. The company reported $0.07 earnings per share (EPS) for the quarter. The firm had revenue of $2.97 million during the quarter. Inrad Optics had a net margin of 20.67% and a return on equity of 52.37%.

Inrad Optics Company Profile

Inrad Optics, Inc, together with its subsidiaries, manufactures and sells glass, crystal, and metal based optical components, and sub-assemblies. The company offers UV-IR optics and assemblies, such as precision custom optics and thin film optical coatings; glass and single crystal substrates; and deposit optical thin films, and assemble sub-components used in advanced photonic systems.