Positron (OTCMKTS:POSC) Issues Quarterly Earnings Results

Positron (OTCMKTS:POSC) released its earnings results on Friday. The company reported ($0.04) earnings per share for the quarter, Zacks reports. Positron had a negative net margin of 1,975.71% and a negative return on equity of 593.80%.

Positron Trading Up 7.5%

Shares of Positron stock traded up $0.14 during trading hours on Friday, reaching $1.95. 24,746 shares of the company’s stock were exchanged, compared to its average volume of 71,533. The stock has a market cap of $63.89 million, a P/E ratio of -5.72 and a beta of 0.15. The company has a 50 day moving average of $1.90 and a two-hundred day moving average of $1.78. Positron has a fifty-two week low of $1.23 and a fifty-two week high of $2.74.

Positron Company Profile

Positron Corporation, a nuclear medicine healthcare company, specializes in the business of cardiac positron emission tomography (PET) imaging in the United States. It offers attrius PET scanner, clinical and technical services, and financing solutions enables healthcare providers to accurately diagnose cardiac disease, improve patient outcomes, and practice cost effective medicines. Positron Corporation was incorporated in 1983 and is based in Niagara Falls, New York.