Inrad Optics (OTCMKTS:INRD) Trading Up 3.2%

Inrad Optics Inc (OTCMKTS:INRD)’s stock price was up 3.2% during trading on Wednesday . The company traded as high as $0.67 and last traded at $0.62. Approximately 3,570 shares changed hands during mid-day trading, an increase of 21% from the average daily volume of 2,945 shares. The stock had previously closed at $0.60.

The company has a debt-to-equity ratio of 2.07, a current ratio of 2.71 and a quick ratio of 1.34. The company has a market cap of $8.57 million, a PE ratio of -12.40 and a beta of -0.51. The business has a fifty day simple moving average of $0.85 and a two-hundred day simple moving average of $0.92.

Inrad Optics Company Profile (OTCMKTS:INRD)

Inrad Optics, Inc, together with its subsidiaries, develops, manufactures, and markets crystal-based optical components and devices, custom optical components, and precision optical and opto-mechanical assemblies in the United States. The company provides optical components, optical coatings, and subassemblies for the military, aerospace, industrial, and medical marketplace; precision metal optics; and UV filter optical components for use in critical applications in defense systems, such as missile warning sensors, as well as opto-mechanical design and assembly services.

Recommended Story: What is an inverted yield curve?

Receive News & Ratings for Inrad Optics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Inrad Optics and related companies with MarketBeat.com's FREE daily email newsletter.