Positron Corp. (OTCMKTS:POSC – Get Free Report)’s stock price dropped 3.3% during mid-day trading on Thursday . The stock traded as low as $1.56 and last traded at $1.6432. 2,125 shares changed hands during mid-day trading, a decline of 91% from the average session volume of 23,605 shares. The stock had previously closed at $1.70.
Positron Stock Down 3.3%
The company has a market cap of $53.98 million, a price-to-earnings ratio of -4.98 and a beta of 0.14. The business has a fifty day simple moving average of $1.80 and a 200 day simple moving average of $1.87.
Positron (OTCMKTS:POSC – Get Free Report) last posted its quarterly earnings results on Friday, May 15th. The company reported ($0.04) earnings per share for the quarter. The company had revenue of $0.11 million for the quarter. Positron had a negative return on equity of 996.81% and a negative net margin of 1,996.75%.
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.
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