Evans & Sutherland Computer Corp (OTCMKTS:ESCC) Goes Up On Quarterly Results

[[tagnumber 0]][[tagnumber 1]]The stock of Evans & Sutherland Computer Corp (OTCMKTS:ESCC) rarely attracts investor attention. The last time it did so was back in the beginning of September when it rushed up the charts in impressive volumes.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]After climbing above the $1 per share mark, however, we saw the ticker dip below it and stay there for some time. We saw some positive movement in the end of last week which wasn’t triggered by any press releases or promotional emails. It was most probably due to the anticipation of the company’s latest quarterly report which came out yesterday and contained the following numbers of prime interest.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 9]] [[tagnumber 10]]cash: $3.66 million[[tagnumber 11]] [[tagnumber 10]]current assets: $19.69 million[[tagnumber 11]] [[tagnumber 10]]current liabilities: $12.82 million[[tagnumber 11]] [[tagnumber 10]]revenues: $9.37 million[[tagnumber 11]] [[tagnumber 10]]net income: $921 thousand[[tagnumber 11]] [[tagnumber 20]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Those are the numbers for the quarter ended October 2 and they are pretty impressive. You rarely see an OTC marketplace listed company that makes considerable revenues, let alone finish a quarter with nearly $1 million in net income.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]That’s exactly why it isn’t such a big surprise that we saw [[tagnumber 28]]ESCC[[tagnumber 29]] climb 21.08% in yesterday’s trading. As the ticker was going for a close at $1.12 we saw a total of 135 thousand shares change their owners which generated $146 thousand in daily dollar volume.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]The current market cap of $12.5 million isn’t that big and we may see [[tagnumber 28]]ESCC[[tagnumber 29]] climb even further up the charts, especially when you compare the numbers in its latest financial filing to other overpriced OTC entities.[[tagnumber 2]] [[tagnumber 0]][[tagnumber 38]] Still, that doesn’t mean that you should skip doing your due diligence and weighing out the risks before putting any money on the line.[[tagnumber 2]]