Positron (OTCMKTS:POSC) Releases Quarterly Earnings Results

Positron (OTCMKTS:POSC) announced its quarterly earnings data on Friday. The company reported ($0.04) earnings per share (EPS) for the quarter, Zacks reports. The company had revenue of $0.11 million during the quarter. Positron had a negative return on equity of 593.80% and a negative net margin of 1,975.71%.

Positron Price Performance

Shares of Positron stock traded up $0.14 during midday trading on Friday, hitting $1.95. The company had a trading volume of 24,746 shares, compared to its average volume of 34,112. Positron has a 1-year low of $1.23 and a 1-year high of $2.74. The business’s 50 day simple moving average is $1.89 and its two-hundred day simple moving average is $1.78. The stock has a market cap of $63.89 million, a PE ratio of -5.72 and a beta of 0.15.

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.