Positron (OTCMKTS:POSC) Stock Price Down 4.8% – Here’s Why

Positron Corp. (OTCMKTS:POSC) shares dropped 4.8% during trading on Thursday . The company traded as low as $1.52 and last traded at $1.57. 14,444 shares were traded during trading, an increase of 36% from the average session volume of 10,651 shares. The stock had previously closed at $1.65.

Positron Trading Down 4.8%

The stock has a 50 day moving average price of $1.75 and a two-hundred day moving average price of $1.86. The company has a market cap of $51.57 million, a price-to-earnings ratio of -4.76 and a beta of 0.18.

Positron (OTCMKTS:POSC) last posted its quarterly earnings results on Friday, May 15th. The company reported ($0.04) earnings per share (EPS) for the quarter. Positron had a negative return on equity of 996.81% and a negative net margin of 1,996.75%.The company had revenue of $0.11 million during the quarter.

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.