Added to YB: 2021-10-07
Pitch date: 2021-10-07
ECIA [bullish]
Encision Inc.
-79.04%
current return
Author Info
Company Info
Encision Inc., a medical device company, designs, develops, manufactures, and markets patented surgical instruments in the United States.
Market Cap
$5.9M
Pitch Price
$1.15
Price Target
N/A
Dividend
N/A
EV/EBITDA
1.8K
P/E
-12.50
EV/Sales
1.06
Sector
Health Care Equipment and Supplies
Category
growth
ECIA: Dominoes and the Guessing Game
ECIA: Medical device company w/ unique AEM tech to prevent surgical burns. Tiny $12M mkt cap at $1/sh, no debt. Stair-step chart w/ insider buying & new support at $1. Auris (J&J) 3yr supply deal may be game changer beyond legacy hospital biz. Upfront pymt + milestone pymts & future revs. 90% sales from disposable/reusable products. CEO sees potential to become std of care like prior tech shifts. $500M TAM. Lawsuits may have held back adoption. More deals possible.
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