Daxor (NASDAQ:DXR) Posts Quarterly Earnings Results, Misses Estimates By $0.07 EPS

Daxor (NASDAQ:DXRGet Free Report) released its quarterly earnings data on Monday. The company reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.07), FiscalAI reports. The firm had revenue of $0.01 million during the quarter, compared to analysts’ expectations of $2.80 million.

Daxor Price Performance

DXR opened at $10.08 on Tuesday. The firm has a 50-day simple moving average of $10.38 and a two-hundred day simple moving average of $10.54. Daxor has a 52 week low of $8.56 and a 52 week high of $14.76.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Daxor in a report on Wednesday, June 24th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Read Our Latest Stock Analysis on Daxor

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Daxor stock. Osaic Holdings Inc. purchased a new position in Daxor Corporation (NASDAQ:DXRFree Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 8,750 shares of the company’s stock, valued at approximately $86,000. Osaic Holdings Inc. owned about 0.18% of Daxor as of its most recent filing with the Securities and Exchange Commission (SEC). 1.34% of the stock is currently owned by hedge funds and other institutional investors.

About Daxor

(Get Free Report)

Daxor Corporation is a medical diagnostics company focused on providing precise blood volume analysis to support patient management in critical care, surgical, cardiology and nephrology settings. The company’s core offering, the BVA‐100 Blood Volume Analyzer, employs radiolabeled albumin techniques to deliver accurate measurements of total blood volume, red cell mass and plasma volume. By quantifying a patient’s fluid status, Daxor aims to help clinicians tailor therapies for conditions such as anemia, heart failure and fluid overload.

In addition to the BVA‐100 analyzer, Daxor supplies reagent kits, calibration standards and software for data analysis and reporting.

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Earnings History for Daxor (NASDAQ:DXR)

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