Positron (OTCMKTS:POSC) Posts Quarterly Earnings Results

Positron (OTCMKTS:POSC) released its earnings results on Friday. The company reported ($0.03) earnings per share (EPS) for the quarter, Zacks reports. Positron had a negative net margin of 1,996.75% and a negative return on equity of 996.81%.

Positron Trading Up 4.0%

Shares of Positron stock traded up $0.07 on Friday, reaching $1.81. The stock had a trading volume of 6,600 shares, compared to its average volume of 51,086. The business’s 50 day moving average is $1.73 and its two-hundred day moving average is $1.87. The company has a market cap of $59.47 million, a P/E ratio of -5.49 and a beta of 0.18. Positron has a 1 year low of $1.27 and a 1 year high of $2.74.

About Positron

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.