Positron Corp. (OTCMKTS:POSC – Get Free Report) crossed above its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of $1.74 and traded as high as $1.80. Positron shares last traded at $1.80, with a volume of 12,385 shares changing hands.
Positron Stock Down 3.0%
The company’s fifty day moving average price is $1.73 and its 200-day moving average price is $1.82. The stock has a market capitalization of $54.28 million, a PE ratio of -5.12 and a beta of 0.67.
Positron (OTCMKTS:POSC – Get Free Report) last posted its quarterly earnings results on Friday, November 13th. The company reported ($0.03) earnings per share for the quarter. Positron had a negative return on equity of 2,415.88% and a negative net margin of 2,279.55%.
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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