Media stories about Fonar Corporation (NASDAQ:FONR) have been trending somewhat positive on Tuesday, according to Accern. Accern rates the sentiment of press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Fonar Corporation earned a news impact score of 0.10 on Accern’s scale. Accern also assigned news stories about the medical equipment provider an impact score of 46.5123447423071 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Fonar Corporation (NASDAQ:FONR) opened at $22.70 on Tuesday. The stock has a market capitalization of $151.41, a P/E ratio of 8.13 and a beta of 2.86. Fonar Corporation has a fifty-two week low of $17.20 and a fifty-two week high of $33.90.
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Fonar Corporation (Fonar) is engaged in the business of designing, manufacturing, selling and servicing magnetic resonance imaging (MRI) scanners, which utilizes MRI technology for the detection and diagnosis of human disease, abnormalities, other medical conditions and injuries. The Company operates its business through two segments: Medical Equipment segment, and Physician Management and Diagnostic Services segment.
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