Positron (OTCMKTS:POSC – Get Free Report) posted its earnings results on Friday. The company reported ($0.03) earnings per share for the quarter, Zacks reports. Positron had a negative net margin of 2,279.55% and a negative return on equity of 2,415.88%.
Positron Trading Down 3.0%
Shares of OTCMKTS:POSC traded down $0.05 during midday trading on Friday, hitting $1.64. 9,943 shares of the stock were exchanged, compared to its average volume of 41,016. Positron has a twelve month low of $1.27 and a twelve month high of $2.74. The company has a 50 day moving average price of $1.74 and a 200-day moving average price of $1.82. The stock has a market cap of $54.28 million, a P/E ratio of -5.12 and a beta of 0.67.
About Positron
Positron Corporation (OTCMKTS: POSC) is a medical technology company focused on positron emission tomography (PET), a nuclear-imaging technique used to support the diagnosis and management of disease. Its activities include the development, manufacture and distribution of PET imaging systems and related products for healthcare providers. The company has emphasized cardiac PET imaging, an application that can help physicians evaluate heart function and blood flow. Positron’s product offerings have included dedicated PET equipment, such as the Attrius PET system, along with related imaging and radiopharmaceutical solutions.
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