Positron (OTCMKTS:POSC) Announces Earnings Results

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

Positron Stock Up 7.5%

Shares of POSC traded up $0.14 during trading hours on Friday, hitting $1.95. The company had a trading volume of 24,746 shares, compared to its average volume of 71,533. The business has a fifty day moving average of $1.90 and a 200-day moving average of $1.78. The firm has a market cap of $63.89 million, a price-to-earnings ratio of -5.72 and a beta of 0.15. Positron has a 12 month low of $1.23 and a 12 month high of $2.74.

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.